National Bank analyst Vishal Shreedhar raised the firm’s price target on Gildan Activewear to C$52 from C$50 and keeps an Outperform rating on the shares. The analyst considers the company’s Q4 results to be slightly positive. The outlook calls for solid earnings growth and execution will support credibility, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on GIL:
- GIL Earnings: Gildan Activewear Posts Q4 Beat; Boosts Dividend
- Gildan Activewear Reports Strong Fourth Quarter Results and Initiates Guidance for 2024
- Gildan Activewear sees FY24 adjusted EPS $2.92-$3.07, consensus $3.00
- Gildan Activewear reports Q4 adjusted EPS 75c, consensus 73c
- GIL Upcoming Earnings Report: What to Expect?