UBS analyst Mauricio Serna raised the firm’s price target on Kontoor Brands (KTB) to $118 from $114 and keeps a Buy rating on the shares. UBS views Kontoor Brands as a double digit percentage EPS growth compounder and believes this strong growth should catalyze its stock outperformance, the analyst tells investors in a research note.
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Read More on KTB:
- Kontoor Brands price target raised to $75 from $73 at Stifel
- Kontoor Brands price target raised to $94 from $91 at Barclays
- Kontoor Brands Reports Strong Q3, Raises Outlook
- Kontoor Brands raises FY25 cash flow from operations view to ~$400M
- Kontoor Brands reports Q3 adjusted EPS $1.44, consensus $1.40