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Kontoor Brands added to US Conviction List at Goldman Sachs

Goldman Sachs analysts added Kontoor Brands (KTB) to the firm’s US Conviction List as part of its monthly update. Goldman has a Buy rating on the shares with a $85 price target The company’s recently completed acquisition of ski and sail-wear brand, Helly Hansen, strengthens and diversifies its existing portfolio, the analyst tells investors.

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