The Globe and Mail reports in its Friday, Oct. 24, edition that National Bank Financial analyst Vishal Shreedhar has reaffirmed his "outperform" recommendation for Gildan Activewear. The Globe's David Leeder writes in the Eye On Equities column that Mr. Shreedhar tweaked his share target ahead to $92 from $91. Analysts on average target the shares at $90.68. Mr. Shreedhar is expecting to see "solid" earnings per share growth from Gildan when it reports its third quarter results on Oct. 29. He is projecting earnings per share of 97 cents, falling in line with the Street's estimate and a gain of 12 cents from the same period a year ago. Mr. Shreedhar says in a note: "We continue to expect market share gains in activewear (recall, Gildan expects the market to decline low-single digit in 2025). Our Q3/25 sales forecast (up 1.6 per cent year-over-year) is in line with guidance (up low-single digit year-over-year). ... We hold a favourable view on the acquisition of HBI by Gildan. In our view, the consolidated entity merges Gildan's manufacturing/wholesale strengths with HBI's branded/retail strengths, possibly unlocking synergies beyond what management articulated (greater cost synergies)."