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Hot Stocks
Kontoor Brands rises 12.5% » 10:00
10/29/20
10/29
10:00
10/29/20
10:00
KTB

Kontoor Brands

$34.97 /

+3.82 (+12.26%)

Kontoor Brands is up…

Kontoor Brands is up 12.5%, or $3.91 to $35.16.

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KTB Kontoor Brands
$34.97 /

+3.82 (+12.26%)

KTB Kontoor Brands
$34.97 /

+3.82 (+12.26%)

10/26/20 BofA
Kontoor Brands upgraded to Buy from Neutral at BofA
10/26/20 BofA
Kontoor Brands upgraded to Buy from Underperform at BofA
10/13/20 Piper Sandler
Kontoor Brands price target raised to $36 from $29 at Piper Sandler
10/07/20 Barclays
Barclays upgrades Retail sector to Positive, makes seven rating changes
KTB Kontoor Brands
$34.97 /

+3.82 (+12.26%)

Earnings
Kontoor Brands sees Q4 revenue 'flat to down modestly' vs. Q3, consensus $635.1M » 06:54
10/29/20
10/29
06:54
10/29/20
06:54
KTB

Kontoor Brands

$31.25 /

-1.32 (-4.05%)

Revenue in the fourth…

Revenue in the fourth quarter of 2020 is expected to show continued sequential improvement from third quarter 2020 results, with revenue anticipated to be flat to down modestly. Adjusted gross margin in the fourth quarter of 2020 is anticipated to be above the 40.9 percent achieved in the prior year, reflecting continued benefits from ongoing restructuring and quality-of-sales initiatives, as well as higher anticipated growth in more accretive channels such as Digital and improving mix within international. Fourth quarter adjusted SG&A is expected to increase year-over-year, driven by strategic decisions to amplify investments in demand creation and DTC in support of both the fourth quarter and long-term revenue.

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KTB Kontoor Brands
$31.25 /

-1.32 (-4.05%)

KTB Kontoor Brands
$31.25 /

-1.32 (-4.05%)

10/26/20 BofA
Kontoor Brands upgraded to Buy from Neutral at BofA
10/26/20 BofA
Kontoor Brands upgraded to Buy from Underperform at BofA
10/13/20 Piper Sandler
Kontoor Brands price target raised to $36 from $29 at Piper Sandler
10/07/20 Barclays
Barclays upgrades Retail sector to Positive, makes seven rating changes
KTB Kontoor Brands
$31.25 /

-1.32 (-4.05%)

Earnings
Kontoor Brands sees FY20 adjusted EPS 2.25-$2.35, consensus $1.33  06:53
10/29/20
10/29
06:53
10/29/20
06:53
KTB

Kontoor Brands

$31.25 /

-1.32 (-4.05%)

 
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KTB Kontoor Brands
$31.25 /

-1.32 (-4.05%)

KTB Kontoor Brands
$31.25 /

-1.32 (-4.05%)

10/26/20 BofA
Kontoor Brands upgraded to Buy from Neutral at BofA
10/26/20 BofA
Kontoor Brands upgraded to Buy from Underperform at BofA
10/13/20 Piper Sandler
Kontoor Brands price target raised to $36 from $29 at Piper Sandler
10/07/20 Barclays
Barclays upgrades Retail sector to Positive, makes seven rating changes
KTB Kontoor Brands
$31.25 /

-1.32 (-4.05%)

Hot Stocks
Kontoor Brands reinstates quarterly dividend of 40c per share » 06:52
10/29/20
10/29
06:52
10/29/20
06:52
KTB

Kontoor Brands

$31.25 /

-1.32 (-4.05%)

Payable in December,…

Payable in December, 2020.

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KTB Kontoor Brands
$31.25 /

-1.32 (-4.05%)

KTB Kontoor Brands
$31.25 /

-1.32 (-4.05%)

10/26/20 BofA
Kontoor Brands upgraded to Buy from Neutral at BofA
10/26/20 BofA
Kontoor Brands upgraded to Buy from Underperform at BofA
10/13/20 Piper Sandler
Kontoor Brands price target raised to $36 from $29 at Piper Sandler
10/07/20 Barclays
Barclays upgrades Retail sector to Positive, makes seven rating changes
KTB Kontoor Brands
$31.25 /

-1.32 (-4.05%)

Earnings
Kontoor Brands reports Q3 adjusted EPS $1.33, consensus 58c » 06:51
10/29/20
10/29
06:51
10/29/20
06:51
KTB

Kontoor Brands

$31.25 /

-1.32 (-4.05%)

Reports Q3 revenue $583M,…

Reports Q3 revenue $583M, consensus $548.96M.

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KTB Kontoor Brands
$31.25 /

-1.32 (-4.05%)

KTB Kontoor Brands
$31.25 /

-1.32 (-4.05%)

10/26/20 BofA
Kontoor Brands upgraded to Buy from Neutral at BofA
10/26/20 BofA
Kontoor Brands upgraded to Buy from Underperform at BofA
10/13/20 Piper Sandler
Kontoor Brands price target raised to $36 from $29 at Piper Sandler
10/07/20 Barclays
Barclays upgrades Retail sector to Positive, makes seven rating changes
KTB Kontoor Brands
$31.25 /

-1.32 (-4.05%)

Upgrade
Kontoor Brands upgraded to Buy from Neutral at BofA » 06:15
10/26/20
10/26
06:15
10/26/20
06:15
KTB

Kontoor Brands

$32.62 /

+0.48 (+1.49%)

BofA analyst Heather…

BofA analyst Heather Balsky upgraded Kontoor Brands to Buy from Neutral with a price target of $38, up from $17. The analyst contends that consensus is underestimating the company's sales trajectory, which should benefit from the new distribution effective the second half of this year. Balsky also cites the likelihood of another round of U.S. stimulus supporting the company's lower income consumer and a healthier distribution footprint relative to Kontoor's peers.

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KTB Kontoor Brands
$32.62 /

+0.48 (+1.49%)

KTB Kontoor Brands
$32.62 /

+0.48 (+1.49%)

10/26/20 BofA
Kontoor Brands upgraded to Buy from Underperform at BofA
10/13/20 Piper Sandler
Kontoor Brands price target raised to $36 from $29 at Piper Sandler
10/07/20 Barclays
Barclays upgrades Retail sector to Positive, makes seven rating changes
10/07/20 Barclays
Kontoor Brands upgraded to Overweight from Equal Weight at Barclays
KTB Kontoor Brands
$32.62 /

+0.48 (+1.49%)

Upgrade
Kontoor Brands upgraded to Buy from Underperform at BofA » 06:04
10/26/20
10/26
06:04
10/26/20
06:04
KTB

Kontoor Brands

$32.62 /

+0.48 (+1.49%)

BofA upgraded Kontoor…

BofA upgraded Kontoor Brands to Buy from Underperform with a $38 price target.

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KTB Kontoor Brands
$32.62 /

+0.48 (+1.49%)

KTB Kontoor Brands
$32.62 /

+0.48 (+1.49%)

10/13/20 Piper Sandler
Kontoor Brands price target raised to $36 from $29 at Piper Sandler
10/07/20 Barclays
Barclays upgrades Retail sector to Positive, makes seven rating changes
10/07/20 Barclays
Kontoor Brands upgraded to Overweight from Equal Weight at Barclays
09/29/20 Goldman Sachs
Kontoor Brands price target raised to $29 from $24 at Goldman Sachs
KTB Kontoor Brands
$32.62 /

+0.48 (+1.49%)

Over a month ago
Recommendations
Kontoor Brands price target raised to $36 from $29 at Piper Sandler » 06:05
10/13/20
10/13
06:05
10/13/20
06:05
KTB

Kontoor Brands

$27.30 /

-0.25 (-0.91%)

Piper Sandler analyst…

Piper Sandler analyst Erinn Murphy raised the firm's price target on Kontoor Brands (KTB) to $36 from $29 and keeps an Overweight rating on the shares following a round of checks at Walmart (WMT). Encouragingly, the Lee roll out continues to build, Murphy tells investors in a research note. Based on an updated inventory tally, the analyst believes Kontoor's Q3 sell-in could be closer to $50M from the Lee initiative alone.

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KTB Kontoor Brands
$27.30 /

-0.25 (-0.91%)

KTB Kontoor Brands
$27.30 /

-0.25 (-0.91%)

10/07/20 Barclays
Barclays upgrades Retail sector to Positive, makes seven rating changes
10/07/20 Barclays
Kontoor Brands upgraded to Overweight from Equal Weight at Barclays
09/29/20 Goldman Sachs
Kontoor Brands price target raised to $29 from $24 at Goldman Sachs
07/27/20 Goldman Sachs
Kontoor Brands upgraded to Buy from Sell at Goldman Sachs
KTB Kontoor Brands
$27.30 /

-0.25 (-0.91%)

Recommendations
Barclays upgrades Retail sector to Positive, makes seven rating changes » 06:16
10/07/20
10/07
06:16
10/07/20
06:16
AEO

American Eagle

$14.85 /

-0.6 (-3.88%)

, FL

Foot Locker

$36.52 /

-0.72 (-1.93%)

, GPS

Gap

$18.63 /

-0.6 (-3.12%)

, URBN

Urban Outfitters

$22.82 /

-0.78 (-3.31%)

, KTB

Kontoor Brands

$25.20 /

-0.88 (-3.37%)

, RL

Ralph Lauren

$69.35 /

-2.4 (-3.34%)

, PVH

PVH Corp.

$61.63 /

-2.16 (-3.39%)

Barclays analyst Adrienne…

Barclays analyst Adrienne Yih upgraded the Retail sector Positive along with four omnichannel retailers and one apparel manufacturer. In the wake of COVID, the Retail segment is reducing supply on multiple levels and forcing store closures as e-commerce growth accelerates, Yih tells investors in a research note. In 2021, the analyst foresees a return to brick-and-mortar sales growth and "lean" inventory supporting EBIT margin expansion. As such, "the Retail deleverage or 'Death Curve' will, in fact, become the Retail Leverage or 'Life Curve,' says Yih. The analyst upgraded American Eagle (AEO), Foot Locker (FL), Gap (GPS), Urban Outfitters (URBN) and Kontoor Brands (KTB) to Overweight from Equal Weight. Yih also downgraded two apparel manufacturers, Ralph Lauren (RL) to Equal Weight from Overweight and PVH Corp. (PVH) to Underweight from EQual Weight. Both have department store channel and apparel category exposure, says the analyst.

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URBN Urban Outfitters
$22.82 /

-0.78 (-3.31%)

RL Ralph Lauren
$69.35 /

-2.4 (-3.34%)

PVH PVH Corp.
$61.63 /

-2.16 (-3.39%)

KTB Kontoor Brands
$25.20 /

-0.88 (-3.37%)

GPS Gap
$18.63 /

-0.6 (-3.12%)

FL Foot Locker
$36.52 /

-0.72 (-1.93%)

AEO American Eagle
$14.85 /

-0.6 (-3.88%)

AEO American Eagle
$14.85 /

-0.6 (-3.88%)

10/07/20 Barclays
American Eagle upgraded to Overweight from Equal Weight at Barclays
10/05/20 JPMorgan
American Eagle price target raised to $21 from $18 at JPMorgan
10/02/20 BofA
American Eagle upgraded to Neutral from Underperform at BofA
10/02/20 BofA
American Eagle upgraded to Neutral from Underperform at BofA
FL Foot Locker
$36.52 /

-0.72 (-1.93%)

10/07/20 Barclays
Foot Locker upgraded to Overweight from Equal Weight at Barclays
09/30/20 Deutsche Bank
Foot Locker price target raised to $35 from $33 at Deutsche Bank
09/18/20
Fly Intel: Top five analyst upgrades
09/18/20 Argus
Foot Locker upgraded to Buy from Hold at Argus
GPS Gap
$18.63 /

-0.6 (-3.12%)

10/07/20 Barclays
Gap upgraded to Overweight from Underweight at Barclays
09/01/20 Morgan Stanley
Gap price target raised to $16 from $11 at Morgan Stanley
08/31/20 MKM Partners
Gap price target raised to $19 from $12 at MKM Partners
08/28/20
Fly Intel: Top five analyst upgrades
URBN Urban Outfitters
$22.82 /

-0.78 (-3.31%)

10/07/20 Barclays
Urban Outfitters upgraded to Overweight from Equal Weight at Barclays
08/26/20
Fly Intel: Top five analyst upgrades
08/26/20 DA Davidson
Urban Outfitters price target raised to $29 from $22 at DA Davidson
08/26/20
Urban Outfitters upgraded to Hold at Loop Capital on outperforming margins
KTB Kontoor Brands
$25.20 /

-0.88 (-3.37%)

10/07/20 Barclays
Kontoor Brands upgraded to Overweight from Equal Weight at Barclays
09/29/20 Goldman Sachs
Kontoor Brands price target raised to $29 from $24 at Goldman Sachs
07/27/20 Goldman Sachs
Kontoor Brands upgraded to Buy from Sell at Goldman Sachs
07/22/20 UBS
Kontoor Brands initiated with a Neutral at UBS
RL Ralph Lauren
$69.35 /

-2.4 (-3.34%)

10/07/20 Barclays
Ralph Lauren downgraded to Equal Weight from Overweight at Barclays
10/06/20 Piper Sandler
Piper teen survey shows Snap, Amazon and Apple remain favorites
08/05/20 Deutsche Bank
Ralph Lauren price target lowered to $75 from $80 at Deutsche Bank
07/20/20 Wells Fargo
Ralph Lauren price target lowered to $90 from $100 at Wells Fargo
PVH PVH Corp.
$61.63 /

-2.16 (-3.39%)

10/07/20 Barclays
PVH Corp. downgraded to Underweight from Equal Weight at Barclays
09/04/20 Barclays
PVH Corp. price target raised to $58 from $51 at Barclays
09/04/20 DA Davidson
PVH Corp.price target raised to $73 from $60 at DA Davidson
09/04/20 RBC Capital
PVH Corp. price target raised to $65 from $48 at RBC Capital
URBN Urban Outfitters
$22.82 /

-0.78 (-3.31%)

RL Ralph Lauren
$69.35 /

-2.4 (-3.34%)

PVH PVH Corp.
$61.63 /

-2.16 (-3.39%)

KTB Kontoor Brands
$25.20 /

-0.88 (-3.37%)

GPS Gap
$18.63 /

-0.6 (-3.12%)

FL Foot Locker
$36.52 /

-0.72 (-1.93%)

AEO American Eagle
$14.85 /

-0.6 (-3.88%)

URBN Urban Outfitters
$22.82 /

-0.78 (-3.31%)

RL Ralph Lauren
$69.35 /

-2.4 (-3.34%)

GPS Gap
$18.63 /

-0.6 (-3.12%)

AEO American Eagle
$14.85 /

-0.6 (-3.88%)

URBN Urban Outfitters
$22.82 /

-0.78 (-3.31%)

RL Ralph Lauren
$69.35 /

-2.4 (-3.34%)

PVH PVH Corp.
$61.63 /

-2.16 (-3.39%)

GPS Gap
$18.63 /

-0.6 (-3.12%)

FL Foot Locker
$36.52 /

-0.72 (-1.93%)

AEO American Eagle
$14.85 /

-0.6 (-3.88%)

URBN Urban Outfitters
$22.82 /

-0.78 (-3.31%)

RL Ralph Lauren
$69.35 /

-2.4 (-3.34%)

PVH PVH Corp.
$61.63 /

-2.16 (-3.39%)

GPS Gap
$18.63 /

-0.6 (-3.12%)

FL Foot Locker
$36.52 /

-0.72 (-1.93%)

AEO American Eagle
$14.85 /

-0.6 (-3.88%)

Upgrade
Kontoor Brands upgraded to Overweight from Equal Weight at Barclays » 04:59
10/07/20
10/07
04:59
10/07/20
04:59
KTB

Kontoor Brands

$25.20 /

-0.88 (-3.37%)

Barclays analyst Adrienne…

Barclays analyst Adrienne Yih upgraded Kontoor Brands to Overweight from Equal Weight with a $32 price target.

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KTB Kontoor Brands
$25.20 /

-0.88 (-3.37%)

KTB Kontoor Brands
$25.20 /

-0.88 (-3.37%)

09/29/20 Goldman Sachs
Kontoor Brands price target raised to $29 from $24 at Goldman Sachs
07/27/20 Goldman Sachs
Kontoor Brands upgraded to Buy from Sell at Goldman Sachs
07/22/20 UBS
Kontoor Brands initiated with a Neutral at UBS
06/16/20 Exane BNP Paribas
Kontoor Brands initiated with an Underperform at Exane BNP Paribas
KTB Kontoor Brands
$25.20 /

-0.88 (-3.37%)

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