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Kontoor Brands price target lowered to $90 from $100 at Wells Fargo

Wells Fargo lowered the firm’s price target on Kontoor Brands (KTB) to $90 from $100 and keeps an Overweight rating on the shares. The firm has recently hosted CFO Joe Alkire, and IR Mike Karapetian to dig into Kontoor Brands’ moving pieces, namely U.S. macro, Jeanius, HH acquisition and Tariffs.

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