CIBC raised the firm’s price target on Gildan Activewear (GIL) to $60 from $56 and keeps an Outperformer rating on the shares. The firm, which notes that its EPS estimates “move down slightly” to $3.47 for FY25 and $4.00 for FY26, shifts to FY26 as the basis for its valuation following the company’s Q2 report and Q3 guidance.
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Read More on GIL:
- Gildan Activewear price target raised to C$80 from C$78 at National Bank
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- Gildan Activewear price target raised to $59 from $55 at Scotiabank
- Gildan Activewear price target raised to $56 from $51 at Barclays
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