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Gildan Activewear, Inc. (GIL) [hlAlert]

Rating:
Neutral GIL

Gildan Activewear, Inc. (GIL) rated Neutral with price target $35 by Janney Mntgmy Scott

Posted on: Wednesday,  Oct 17, 2012  8:25 AM ET by Janney Mntgmy Scott

Gildan Activewear, Inc. (NYSE: GIL)
rated Neutral with price target $35 by Janney Mntgmy Scott.

Gildan Activewear Inc. (Gildan) is a marketer and manufacturer of activewear, socks and underwear. The Company is a supplier of activewear for the screenprint channel in the United States and Canada, and also a supplier for this market in Europe. The Company also sell socks and underwear, in addition to the activewear products, to mass-market and regional retailers in North America. In October 2007, the Company completed the acquisition of V.I. Prewett & Son, Inc. (Prewett). Prewett is also a manufacturer of basic family socks and supplies United States mass-market retailers.

We are committed to providing innovative, wealth-building investment solutions through original thought, proprietary data and access to company managements, industry leaders and our analysts. Janney’s enduring commitment to primary research coincides with an investment acumen that recognizes our core responsibility – to make money for our clients. Our analysts strive to identify the emerging and sometimes hidden themes that can provide investors a superior return over time.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/17/2012 8:25 AM Hold
None
17.06 17.50
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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