RBC Capital Markets raised its price target on Gildan Activewear (GIL.TO, GIL) to $82 from $78.
Analyst Ryland Conrad maintained an Outperform rating on shares of the Montreal-based clothing manufacturer following its quarterly results on Thursday.
"Despite the modest revenue shortfall, we believe Gildan's Q2/26 results and revised 2026 guidance checked most of the boxes with structural upside to profitability and a clearer path to resuming share buybacks by year-end with the announced sale of HanesBrands Australia," Conrad said in a note to clients.