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Fly News Breaks for October 26, 2015
GIL
Oct 26, 2015 | 08:05 EDT
DA Davidson downgraded Gildan Activewear (GIL) to Neutral and reduced its price target to $31 from $38 on shares. Analyst Andrew Burns said Walmart's (WMT) analyst day indicates Gildan's top customer is struggling and sees risk of further inventory declines, sluggish sell-through trends, and potential price pushbacks.
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