GILDAN ACTVWEAR (GIL) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of GILDAN ACTVWEAR (GIL) from NEUTRAL to UNDERPERFORM on December 24, 2014, with a target price of $55.20.

Gildan Activewear Inc. is a manufacturer and marketer of premium quality branded basic activewear for sale principally into the wholesale imprinted activewear segment of the North American apparel market. The company sells premium quality 100% cotton T-shirts and premium quality sweatshirts, in a variety of weights, sizes, colors and styles, as blanks, which are ultimately decorated with designs and logos for sale to consumers.

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