Hanesbrands price target lowered to $5 from $6 at Stifel

Stifel analyst Jim Duffy lowered the firm’s price target on Hanesbrands to $5 from $6 and keeps a Hold rating on the shares. Q3 execution was “solid,” but as the firm awaits visibility to a revenue inflection it remains “comfortable” with a Hold rating, the analyst tells investors in a post-earnings note.