Gildan Activewear Price Target Lowered to $70 at RBC

07:46 AM EDT, 10/20/2026 (MT Newswires) -- RBC Capital Markets lowered its price target on Gildan Activewear (GIL.TO, GIL) to $70 from $82. Analyst Ryland Conrad maintained an outperform rating on shares of the Canadian clothing manufacturer. "In light of sustained pressures on consumer discretionary incomes and ongoing cost inflation, we have conservatively lowered our revenue growth and margin assumptions through 2027," Conrad said in a note to clients. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)