Scotiabank raised the firm’s price target on Gildan Activewear (GIL) to $66 from $62 and keeps an Outperform rating on the shares. The company’s 2026 sales growth should be bolstered due to expectations of further innovation and an entry into new categories, the analyst tells investors. The firm is waiting for Q3 results to ensure the company can sustain growth before becoming more bullish on the stock.
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