UPDATE: Goldman Sachs Initiates Hanesbrands at Buy on Valuation
In a report published by Goldman Sachs, analyst Taposh Bari initiated coverage on Hanesbrands (NYSE: HBI ) with a Buy rating and $50 price target. Goldman Sachs reported that, “We see the HBI investment story evolving from cotton sensitivity to capital allocation over the next 12 months. Gross margins still have
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