Hanesbrands (NYSE:HBI) Sees Large Volume Increase - Time to Buy?

Market Beat
2025.11.29 19:11
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Hanesbrands Inc. (NYSE:HBI) experienced a significant increase in trading volume, with shares rising 84% from the previous session. Analysts have mixed ratings, with UBS Group upgrading its target price to $9.00 and Citigroup to $7.00. The stock has a consensus rating of "Hold" and a target price of $6.60. The company reported earnings of $0.15 per share, missing estimates slightly, with revenue down 1% year-over-year. Hedge funds have increased their holdings, owning 80.31% of the stock.