RBC Capital Maintains Outperform on Gildan Activewear, Raises Price Target to $39
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Sabahat Khan maintains an Outperform rating on Gildan Activewear (NYSE:GIL) and raises the price target from $36 to $39.
November 03, 2023 | 5:36 pm
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RBC Capital maintains an Outperform rating on Gildan Activewear and raises the price target from $36 to $39. This could potentially lead to an increase in the stock's price.
The Outperform rating maintained by RBC Capital indicates that they expect Gildan Activewear to do better than the overall market. The increase in the price target from $36 to $39 suggests that they believe the stock is undervalued at its current price, which could lead to an increase in the stock's price as the market adjusts to this new information.
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IMPORTANCE 80
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