The Vetr community has upgraded Hanesbrands Inc. HBI from 4 to 4.5 stars. The company is up 13.39 percent over the past three months despite the fact that their second quarter revenue of $1.647 billion missed The Street's estimate of $1.65 billion and their $0.53 earnings per share only met the estimate.
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Vetr members have given Hanesbrands a strong buy rating and a $26.36 price target. This price target is lower than the $29 price target from professional analysts. The company opened Monday around $23.32.
Of all Vetr voters, 80 percent believe traders should buy Hanesbrands stock.
For Vetr’s full analysis of Hanesbrands, go here.
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