Kontoor Brands price target raised to $91 from $86 at Barclays

Barclays raised the firm’s price target on Kontoor Brands (KTB) to $91 from $86 and keeps an Overweight rating on the shares post the Q2 report. The company reported strong organic results driven by Wrangler, and Helly Hansen acquisition synergies offer potential for upside, the analyst tells investors in a research note.