Scotiabank Maintains Sector Outperform on Gildan Activewear, Raises Price Target to $40.5
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst George Doumet has maintained a Sector Outperform rating on Gildan Activewear (NYSE:GIL) and increased the price target from $39.5 to $40.5.
February 09, 2024 | 6:52 pm
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POSITIVE IMPACT
Scotiabank has maintained a Sector Outperform rating on Gildan Activewear and raised the price target to $40.5.
The upgrade in price target by Scotiabank, a reputable financial institution, suggests a positive outlook on Gildan Activewear's stock. This is likely to instill confidence in investors, potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100