Barclays raised the firm’s price target on Gildan Activewear (GIL) to $70 from $64 and keeps an Overweight rating on the shares following the Q3 report. The firm says the company’s organic innovation led growth and lower manufacturing costs provide upside to fiscal 2026 estimates.
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Read More on GIL:
- Gildan Activewear Reports Record Q3 Revenue and EPS
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- Gildan narrows FY25 adjusted EPS view to $3.45-$3.51 from $3.40-$3.56
- Gildan Activewear reports Q3 adjusted EPS $1.00, consensus 98c
