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Gildan Activewear (NYSE:GIL) Given New $80.00 Price Target at Stifel Nicolaus
Stifel Nicolaus has increased its price target for Gildan Activewear (NYSE:GIL) from $75.00 to $80.00, maintaining a “buy” rating, which suggests a potential upside of 13.58%. Other analysts have also revised their price targets and ratings for the textile maker, with the stock currently holding an average “Moderate Buy” rating and a consensus price target of $79.38. Institutional investors hold a significant portion of Gildan’s stock, with several increasing their positions in the last quarter.