11 Most Oversold Stocks to Buy Now

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8. Gildan Activewear Inc. (NYSE:GIL)

On March 2, 2026, Telsey Advisory raised its price target on Gildan Activewear Inc. (NYSE:GIL) to $74 from $72 and maintained an Outperform rating. Telsey Advisory said investor concerns have emerged following lighter sales guidance, but the firm increased its target, citing higher expected synergy capture and the possibility of an earlier return to share buybacks.

On February 27, 2026, TD Securities raised its price target on Gildan Activewear Inc. (NYSE:GIL) to $80 from $77 and kept a Buy rating after updating its model following the company’s Q4 report.

On February 26, 2026, Gildan Activewear Inc. (NYSE:GIL) reported Q4 adjusted continuing operations EPS of 96c, compared with the 95c consensus estimate, while revenue totaled $1.08B versus the $1.06B consensus. CEO Glenn Chamandy said 2025 marked “another important year for Gildan,” highlighting record revenue from continuing operations and the closing of the HanesBrands acquisition on December 1. Chamandy added that the integration is underway and the company now expects run-rate cost synergies of about $250M by the end of 2028, including approximately $100M in 2026.

Gildan Activewear Inc. (NYSE:GIL) manufactures and sells apparel products, including activewear such as T-shirts, fleece, polos, and sports shirts, as well as hosiery products like athletic and dress socks, under multiple brands.

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