Why Gildan Activewear Stock Triumphed on Tuesday
A robust price target increase from an analyst tracking clothing conglomerate Gildan Activewear (NYSE: GIL) put lots of energy into the stock on Tuesday. Taking a cue from that move, investors pushed into the stock, propelling it to a nearly 6% price gain on the day.
The analyst behind the move was UBS's Jay Sole. Before the market open, he raised his Gildan price target nearly 38% to $110 per share, from his previous level of $80. He also maintained his buy recommendation on the stock.
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Source Fool.com
Gildan Activewear Inc. Aktie
48,40 €
0,00 %
Rein positive Einschätzungen für Gildan Activewear Inc., nur Buy-Einschätzungen, keine Sell-Einschätzungen.
Das von der Community festgelegte Kursziel von 62 € für Gildan Activewear Inc. bedeutet eine mögliche Steigerung um über 20% im Vergleich zu 48.4 €.
