Public Sector Pension Investment Board Increases Stock Position in Gildan Activewear, Inc. $GIL

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The Public Sector Pension Investment Board significantly increased its stake in Gildan Activewear Inc. by 257.9%, now holding 49,176 shares valued at $2.84 million. This move comes as analysts maintain a positive outlook on GIL, with a consensus “Moderate Buy” rating and an average price target of $79, alongside several recent price target increases. Gildan’s shares are trading near their 52-week high, reflecting strong institutional ownership and a robust market capitalization.

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