macro

RBC Capital Cuts Gildan Activewear Price Target to $50 From $70

RBC Capital cut its price target on Gildan Activewear shares to $50 from $70 while keeping an Outperform rating, according to Dow Jones Newswires.

the same feed is available to bots and dashboards through the api. connect the api →

what happened

Dow Jones Newswires reports that RBC Capital lowered its price target on Gildan Activewear shares to $50 per share from $70. Benzinga's ratings feed, cited in the same report, says RBC Capital maintained the stock at Outperform. The update is timed at 18:37 GMT.

why it matters

A cut to an analyst's price target is a routine event for a single stock. It reflects the analyst's revised valuation rather than a broad shift in the market. The sources also state the Outperform rating was maintained, so the two signals should be read together.

tags

instruments

GIL

on polymarket

sources

  1. Gildan Activewear Price Target Cut to $50.00/Share From $70.00 by RBC Capital — Dow Jones Newswires, 6 November 2026 at 18:37 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

alerts on your topics, the morning digest and the api — in your account.

get stories in real time ↗