Does Hanesbrands Inc. (HBI) Stock have plenty of room for growth?

Barclays lowered the price target for the Hanesbrands Inc. (NYSE:HBI) stock from ‘an Overweight’ to ‘an Equal weight’. The rating was released on June 08, 2023, according to finviz. We previously noted in another research note published on May 06, 2023 by Stifel that downgraded the stock from a Buy to a Hold with a price target of $13 for HBI stock. The research report from Wedbush has initiated the stock to Neutral, with a price target set at $18. The stock was upgraded by Wells Fargo, who disclosed in a research note on June 13, 2021, from Equal Weight to Overweight and set the price objective to $23.

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