CIBC has reaffirmed its “Outperform” rating for Gildan Activewear Inc. (GIL) and increased its price target from $71 to $79, citing an improving margin outlook and steady demand. This update, released on February 20, 2026, suggests expected upside for the stock, though the immediate market reaction was a modest intraday decline of 0.3%. Meyka AI rates GIL with a B+ grade, taking into account various financial and market performance metrics.
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CIBC Maintains Outperform on Gildan Activewear Inc. (GIL) Feb 2026
CIBC has reaffirmed its “Outperform” rating for Gildan Activewear Inc. (GIL) and increased its price target from $71 to $79, citing an improving margin outlook and steady demand. This update, released on February 20, 2026, suggests expected upside for the stock, though the immediate market reaction was a modest intraday decline of 0.3%. Meyka AI rates GIL with a B+ grade, taking into account various financial and market performance metrics.