UBS analyst Jay Sole says Gildan Activewear shares are selling off on a short report claiming the Street's revenue forecast is too high. UBS sees an "excellent buying opportunity" on the pullback. It does not believe Gildan will miss its fiscal 2026 revenue outlook. The company's December analyst day will be a positive catalyst, not one where management will have to explain a big guide-down, the analyst tells investors in a research note. UBS has a Buy rating on Gildan Activewear with a $110 price target. The stock in midday trading is down 24%, or $14.82, to $47.15.
