TD Securities raised the firm’s price target on Gildan Activewear (GIL) to $60 from $56 and keeps a Buy rating on the shares. The company’s Q1 report illustrated the benefits of its vertically integrated operations, low cost advantage, and manufacturing agility, the analyst tells investors in a research note. The firm says that with an outlook for modest industry softening, Gildan seems poised for market share gains in fleece.
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Read More on GIL:
- Gildan Activewear: Strong Market Position and Growth Prospects Drive Buy Rating
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- Gildan Activewear Reports Q1 2025 Results, Maintains Full-Year Guidance
- Gildan Activewear Releases Q1 2025 Financial Report
- Gildan Activewear backs FY25 adjusted EPS view $3.38-$3.58, consensus $3.45