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Stock Market & Financial Investment News

News Breaks
March 14, 2013
07:49 EDTGILGildan Activewear downgraded to Neutral from Buy at DA Davidson
DA Davidson downgraded Gildan due to valuation and near-term execution risk in its Branded Apparel business. Price target lowered to $41 from $43.
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August 19, 2014
08:03 EDTGILCarter's has favorable risk/reward, says Goldman
Goldman said cotton prices are at a 5-year low and basic apparel companies Carter's (CRI) which is Buy rated, Gildan (GIL), and HanesBrands (HBI), both Neutral rated, are the most leveraged to the lower prices. The firm believes Carter's offers the best exposure to lower cotton prices and notes leadership in kids apparel and branding offering.

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