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Fly News Breaks for November 12, 2019
HBI
Nov 12, 2019 | 17:25 EDT
Barclays analyst Adrienne Yih initiated coverage of Hanesbrands with an Equal Weight rating and $16 price target. The analyst is cautious about the competitive nature of the innerwear/activewear categories and margin pressure from cost inflation, offset by the positives of increasing DTC opportunity and international growth potential.
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