Wells Fargo raised the firm’s price target on Kontoor Brands (KTB) to $90 from $85 and keeps an Overweight rating on the shares. Considering China tariffs being lowered to 30% from 145% and the ramifications this should have on the space, the firm again re-scrubs its models and updates estimates to incorporate all relevant variables at this time.
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Read More on KTB:
- Kontoor Brands price target raised to $92 from $83 at UBS
- Optimistic Outlook for Kontoor Brands: Buy Rating Backed by Strategic Moves and Financial Projections
- Kontoor Brands price target raised to $75 from $69 at Barclays
- Kontoor Brands Reports Q1 2025 Results and Updates Outlook
- Kontoor Brands’ Earnings Call: Optimism Amid Growth
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