Canaccord Genuity Maintains Buy on Gildan Activewear, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Luke Hannan has maintained a Buy rating on Gildan Activewear (NYSE:GIL) and increased the price target from $42 to $43.
May 02, 2024 | 7:08 pm
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Canaccord Genuity maintains a Buy rating on Gildan Activewear and raises the price target to $43.
The maintenance of a Buy rating combined with an increased price target typically signals analyst confidence in the company's future performance, potentially leading to positive investor sentiment and a short-term increase in stock price.
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