The Globe and Mail reports in its Friday, Sept. 19, edition that Stifel analyst Martin Landry is keeping his "buy" call and $75 share target for Gildan Activewear intact (all figures U.S.). The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $70.10. Mr. Landry says Gildan currently possesses an "appealing valuation." Mr. Landry says in a note: "In August, Gildan announced a definitive agreement to acquire HanesBrands in a transaction valued at $4.4-billion. According to our calculations, this acquisition is highly accretive, boosting Gildan's 2026 EPS by 18 to 22 per cent. Despite the potential of this deal, shares of Gildan have risen only 6 per cent since Aug. 11, outperforming the S&P/TSX Consumer Discretionary Index by just 3 per cent. We believe the risks of the transaction not closing are limited given its friendly nature and limited antitrust concerns. The companies have complementary expertise, products and distribution channels, strengthening the rationale for the deal. The acquisition increases Gildan's EPS growth rate, and we calculate an earnings power in excess of $6.50 when the synergies are fully realized in 2028. This raises the question, why haven't Gildan's shares appreciated more?"