Hanesbrands price target raised to $8 from $7 at Barclays

Barclays analyst Paul Kearney raised the firm’s price target on Hanesbrands to $8 from $7 and keeps an Equal Weight rating on the shares following the Q4 update. While the timing of the CFO departure is not ideal given the company’s refinancing needs, it will not impact its ability to do so, Kearney tells investors in a research note.