Stifel raised the firm’s price target on Gildan Activewear (GIL) to $65 from $60 and keeps a Buy rating on the shares after the company reported better than expected Q4 EPS and management introduced 2025 guidance calling for EPS to range between $3.38 to $3.58, or 13%-19% year-over-year growth. The company announced two promotions, notes the analyst, who views these promotions “positively” and adds that they address “some of the succession planning concerns which created a turmoil in late 2023.”
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Read More on GIL:
- Gildan Activewear price target raised to $64 from $58 at BMO Capital
- Strategic Growth and Market Leadership: Gildan Activewear Receives Buy Rating for 2025 Outlook
- Gildan Activewear Reports Record Earnings and Dividend Hike
- Gildan Activewear’s Strong Earnings Call: Record Sales & 2025 Optimism
- Gildan Activewear Announces Leadership Changes and Reports 2024 Financial Results
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