Citi opens ‘positive catalyst watch’ on Hanesbrands into earnings

Citi analyst Paul Lejuez opened a "30-day positive catalyst watch" on Hanesbrands ahead of the company’s Q1 results. The stock is "very unloved" with short interest at a high, driven by the business struggling and the company being highly levered, the analyst tells investors in a research note. However, Citi is not looking for a miss in Q1, and says Q2 may not be as bad as the consensus is looking for.