Goldman Sachs Reaffirms Their Buy Rating on Kontoor Brands (KTB)
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According to TipRanks, Roach is a 4-star analyst with an average return of 6.0% and a 51.63% success rate. Roach covers the Consumer Cyclical sector, focusing on stocks such as Kontoor Brands, Kohl's, and Nike.
Kontoor Brands has an analyst consensus of Moderate Buy, with a price target consensus of $84.80, which is a 34.54% upside from current levels. In a report released on July 12, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $75.00 price target.
Based on Kontoor Brands' latest earnings release for the quarter ending March 29, the company reported a quarterly revenue of $622.9 million and a net profit of $42.88 million. In comparison, last year the company earned a revenue of $631.15 million and had a net profit of $59.51 million
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