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Stock Market & Financial Investment News

News Breaks
July 1, 2014
07:27 EDTHBIHanesbrands price target raised to $111 from $100 at FBR Capital
FBR Capital raised its price target for Hanesbrands to $111 following the company's acquisition of DBApparel. The firm keeps an Outperform rating on the stock.
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August 19, 2014
08:03 EDTHBICarter's has favorable risk/reward, says Goldman
Goldman said cotton prices are at a 5-year low and basic apparel companies Carter's (CRI) which is Buy rated, Gildan (GIL), and HanesBrands (HBI), both Neutral rated, are the most leveraged to the lower prices. The firm believes Carter's offers the best exposure to lower cotton prices and notes leadership in kids apparel and branding offering.

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