The Globe and Mail reports in its Thursday, March 20, edition that National Bank Financial analyst Vishal Shreedhar has reaffirmed his "outperform" call and $83 share target for Gildan Activewear. The Globe's David Leeder writes that analysts on average target the shares at $89.43. Mr. Shreedhar says in a note: "We believe that Gildan has solid longer-term growth prospects; however, given strong share price performance over the last 12 months, and increasing economic uncertainty, we are removing Gildan from our 'Top Pick' [list]. ... Notwithstanding, given that Gildan generates approximately 90 per cent of sales in the U.S., F/X translation to the Canadian stock is helpful, though possible economic weakness related to trade disruption could more than offset. We note that Gildan's stock price has historically been sensitive to the economic backdrop. We continue to believe that Gildan is a solid company; it has many drivers for EPS growth including: (I) revenue growth (new capacity, market share growth, product innovation, etc.), (ii) improving costs (input costs, efficiency initiatives, etc.), and (iii) share repurchases. ... We highlight that Gildan's shares have delivered a strong return of 88 per cent since 2023."