Kontoor Brands price target raised to $100 from $95 at Wells Fargo

Wells Fargo raised the firm’s price target on Kontoor Brands (KTB) to $100 from $95 and keeps an Overweight rating on the shares. A material profit beat and bullish 2026 outlook “should bring Bulls roaring back” and lay the “Bear case to rest,” the analyst tells investors after the company reported “solid results all around” in Q4.