UBS Maintains Buy on Gildan Activewear, Raises Price Target to $111

Shares of apparel and footwear companies are trading lower amid possible sympathy with Walmart after it reported its slowest growth in U.S. comparable sales in six years. This may act as a bellwether for apparel companies, as retail shoppers may exercise caution in response to climbing prices.

GIL Legal News: Gildan Hit with Securities Fraud Investigation over Alleged Misrepresentations about its Revenue – Contact BFA Law

Bleichmar Fonti & Auld LLP is investigating Gildan Activewear for potential securities fraud following allegations of channel stuffing to artificially inflate revenue. The investigation was triggered by a Jehoshaphat Research report published on June 16, 2026, which alleged the company manipulated sales figures. Gildan's stock dropped 18.75% ($11.62 per share) on the news. Investors who suffered losses are encouraged to contact BFA Law.

RBC Capital Maintains Outperform on Gildan Activewear, Raises Price Target to $82

RBC Capital analyst Ryland Conrad maintains Gildan Activewear (NYSE:GIL) with a Outperform and raises the price target from $78 to $82.