RBC Lifts Gildan Activewear Price Target After Early Close of HanesBrands Deal
RBC Capital Markets increased its price target on Gildan Activewear to $79 from $71 and kept an Outperform rating after rolling forward estimates to reflect the earlier-than-expected close of the HanesBrands acquisition. Other firms including Scotiabank and BMO Capital also raised their targets. The stock is approaching its 52-week high ahead of Gi…