UBS upgraded its rating on shares of Gildan Activewear Inc. (GIL) Tuesday morning from a "Neutral" to a "Buy."
Gildan Activewear Inc. rose steadily until mid-morning Tuesday and finished higher by $2.21 at $15.94 on above average volume. The stock climbed to over a 5 1/2 month high and re-crossed its 200-day moving average.
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