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RBC Capital Raises Gildan Activewear (GIL) Price Target to $79
RBC Capital has increased its price target for Gildan Activewear (GIL) to $79 from $71, while maintaining an “Outperform” rating. This adjustment reflects an 11.27% increase and confidence in the company’s growth potential. Other firms like Scotiabank, BMO Capital, UBS, and Barclays have also recently raised their price targets for GIL, indicating a strong positive outlook for the basic apparel manufacturer.