Barclays raises Hanesbrands price target to $6, maintains "Equal Weight" rating

From Yahoo Finance: 2025-06-23 12:17:00

Barclays analyst Adrienne Yih raised Hanesbrands Inc. (NYSE:HBI) price target from $5 to $6 with an “Equal Weight” rating. Management’s optimistic tone and handling of industry challenges like tariffs contributed to this decision. The company’s valuation multiple also increased from 9 to 10 times. HBI is known for its basics and innerwear brands.



Read more at Yahoo Finance: Barclays Raises Hanesbrands (HBI) Price Target, Keeps Rating