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Canaccord Genuity changed Gildan Activewear's rating from Buy to Hold and set a new price target of CA$57.34.

OpinionRead the original at marketscreener.com
Bad for GIL

Gildan was downgraded from Buy to Hold, a negative signal. The CA$57.34 target is reported without an explanation that would change this reading.

GIL · Gildan Activewear Inc.

AI read · Bad for GIL

The AI's read

The move away from Buy is a less positive view of Gildan’s shares. The story gives no company results or other new business facts to counter that signal. It also reports a CA$57.34 target but gives no explanation for it.

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