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Analyst opens Hanesbrands coverage with 'Buy'

21 hours ago ago from U.S. News

Analyst opens Hanesbrands coverage with 'Buy' NEW YORK (AP) -- Shares of Hanesbrands Inc. rose Tuesday as an analyst starting to cover the maker of pantyhose, underwear, casual clothes and active wear gave it and initial "Buy" rating, saying the company will likely see earnings growth as consumer spending picks up. The company, whose brands include Champion, L'eggs, Wonderbra and Duofold, reported last month that it lost money during its ...

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