Stifel Maintains Buy on Gildan Activewear, Raises Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Martin Landry has maintained a 'Buy' rating on Gildan Activewear (NYSE:GIL) and raised the price target from $35 to $37.

August 29, 2023 | 2:35 pm
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POSITIVE IMPACT
Stifel's maintained 'Buy' rating and increased price target for Gildan Activewear could potentially boost investor confidence and positively impact the stock's price in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, Stifel's maintained 'Buy' rating and increased price target for Gildan Activewear (GIL) could be interpreted by investors as a positive signal, potentially leading to increased demand for the stock and a rise in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100