logo
Barclays Sticks to Their Buy Rating for Gildan Activewear (GIL)

Barclays Sticks to Their Buy Rating for Gildan Activewear (GIL)

Business Insider12 hours ago
In a report released on August 14, Paul Kearney from Barclays maintained a Buy rating on Gildan Activewear, with a price target of $64.00. The company's shares closed yesterday at $56.37.
Elevate Your Investing Strategy:
Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
According to TipRanks, Kearney is an analyst with an average return of -0.5% and a 54.00% success rate. Kearney covers the Consumer Cyclical sector, focusing on stocks such as Carter's, Gildan Activewear, and Hanesbrands.
In addition to Barclays, Gildan Activewear also received a Buy from TR | OpenAI – 4o's Vince Stitcher in a report issued yesterday. However, on August 13, Citi maintained a Hold rating on Gildan Activewear (NYSE: GIL).
GIL market cap is currently $8.41B and has a P/E ratio of 17.86.
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GIL in relation to earlier this year.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

J.P. Morgan Sticks to Its Buy Rating for Nisource (NI)
J.P. Morgan Sticks to Its Buy Rating for Nisource (NI)

Business Insider

timean hour ago

  • Business Insider

J.P. Morgan Sticks to Its Buy Rating for Nisource (NI)

In a report released on August 13, Richard Sunderland from J.P. Morgan maintained a Buy rating on Nisource, with a price target of $46.00. The company's shares closed yesterday at $41.95. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Sunderland is a 3-star analyst with an average return of 2.7% and a 54.97% success rate. Sunderland covers the Utilities sector, focusing on stocks such as Atmos Energy, Spire, and Edison International. In addition to J.P. Morgan, Nisource also received a Buy from BMO Capital's James Thalacker in a report issued on August 6. However, on August 14, TR | OpenAI – 4o downgraded Nisource (NYSE: NI) to a Hold. The company has a one-year high of $43.51 and a one-year low of $31.90. Currently, Nisource has an average volume of 4.23M. Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NI in relation to earlier this year. Most recently, in June 2025, Melanie B. Berman, the EVP Administration & CHRO of NI sold 6,227.00 shares for a total of $245,468.34.

J.P. Morgan Keeps Their Buy Rating on Weyerhaeuser (WY)
J.P. Morgan Keeps Their Buy Rating on Weyerhaeuser (WY)

Business Insider

timean hour ago

  • Business Insider

J.P. Morgan Keeps Their Buy Rating on Weyerhaeuser (WY)

J.P. Morgan analyst Hong Zhang maintained a Buy rating on Weyerhaeuser yesterday and set a price target of $32.00. The company's shares closed yesterday at $25.84. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Zhang is a 2-star analyst with an average return of 0.0% and a 33.33% success rate. In addition to J.P. Morgan, Weyerhaeuser also received a Buy from Citi's Anthony Pettinari in a report issued on July 29. However, today, TR | OpenAI – 4o reiterated a Hold rating on Weyerhaeuser (NYSE: WY). The company has a one-year high of $34.03 and a one-year low of $24.10. Currently, Weyerhaeuser has an average volume of 4.44M. Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of WY in relation to earlier this year. Earlier this month, Sara Grootwassink Lewis, a Director at WY bought 4,000.00 shares for a total of $101,120.00.

CEO Says AI Is Taking On 'Soul-Crushing Jobs' With Agents That Work 24/7, Never Eat, And Never Need Benefits
CEO Says AI Is Taking On 'Soul-Crushing Jobs' With Agents That Work 24/7, Never Eat, And Never Need Benefits

Yahoo

timean hour ago

  • Yahoo

CEO Says AI Is Taking On 'Soul-Crushing Jobs' With Agents That Work 24/7, Never Eat, And Never Need Benefits

Artificial intelligence is rapidly reshaping how major companies run their operations, with some executives saying it's already transforming the workforce. ServiceNow Inc. (NYSE:NOW) CEO Bill McDermott says AI agents are taking over repetitive, draining work—and doing it without lunch breaks or healthcare benefits. AI Steps Into Support Roles "We're slowing down the hiring in jobs that are, quite frankly, soul-crushing jobs," McDermott said in a recent interview with Bloomberg, pointing to IT support as an example. He said 97% of standard software is now generated by AI, and 80% of customer inquiries are fully managed by AI agents. Security and risk management tasks, patchwork, and change management are also handled by these systems. Don't Miss: The same firms that backed Uber, Venmo and eBay are investing in this pre-IPO company disrupting a $1.8T market — Bill Gates Warned About Water Scarcity. "They work hard 24 by seven. You don't have to pay them and they don't need any lunch and they don't have any health care benefits," McDermott said. "AI is affordable and complements our workforce." While ServiceNow is still hiring, it's adding fewer people to these support roles. McDermott predicts other well-run companies will follow the same path, reorganizing around AI and moving away from traditional 20th-century corporate structures. Industry-Wide Shift Salesforce (NYSE:CRM) CEO Marc Benioff told Bloomberg in June that AI now accounts for 30% to 50% of his company's workload, calling the trend a "digital labor revolution." The company has restructured around AI and cut more than 1,000 jobs this year. Benioff says Salesforce's AI operates at about 93% accuracy and is helping employees focus on higher-value tasks. Trending: 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. You can Meanwhile, Goldman Sachs (NYSE:GS) has also warned that AI's effects on the job market are already being felt, especially by younger workers. The bank says unemployment for tech workers ages 20 to 30 has risen nearly 3 percentage points since early 2024. That's more than four times the increase in the overall jobless rate. According to Business Insider, Goldman Sachs Chief Economist Jan Hatzius estimates generative AI will eventually replace 6% to 7% of U.S. jobs within a decade, though many workers could find roles in other industries. McDermott praised the president's recent AI action plan, saying, "We need less regulation and more innovation." He said the government should run more efficiently and transparently, adding that ServiceNow has worked in the public sector for years to achieve those Over AI's Human Cost Still, the idea of replacing large numbers of human jobs with AI is deeply troubling to labor advocates, economists and even tech executives. They warn that corporate enthusiasm for machines that never tire, never demand raises, and never get sick could strip millions of people of their livelihoods. As former Google X executive Mo Gawdat put it in a podcast recently, "CEOs are celebrating that they can now get rid of people and have productivity gains and cost reductions because AI can do that job. The one thing they don't think of is AI will replace them, too." Read Next: In a $34 Trillion Debt Era, The Right AI Could Be Your Financial Advantage — UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. Get the latest stock analysis from Benzinga? APPLE (AAPL): Free Stock Analysis Report TESLA (TSLA): Free Stock Analysis Report This article CEO Says AI Is Taking On 'Soul-Crushing Jobs' With Agents That Work 24/7, Never Eat, And Never Need Benefits originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store