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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