Hanesbrands price target raised to $7 from $6 at Barclays

Barclays analyst Paul Kearney raised the firm’s price target on Hanesbrands (HBI) to $7 from $6 and keeps an Equal Weight rating on the shares post the Q3 report. Stabilization and a refocus of the core innerwear business continues as the company works down debt into next year, the analyst tells investors in a research note.