Thursday's analyst upgrades and downgrades

Inside the Market's roundup of some of today's key analyst actions While he viewed its weaker-than-anticipated fourth-quarter 2022 financial results as "tepid," National Bank Financial analyst Vishal Shreedhar saw Gildan Activewear Inc.'s (GIL-T, GIL-N) outlook for fiscal 2023 as "constructive," leading him to raise his earnings expectations for the next two years. "GIL suggested its new 2023 guidance is conservative," he said. "Key parameters are: (a) Low-single-digit revenue growth (sales lower by low-single-digits year-over-year in North America, more than offset by slight recovery in International, new retail programs and mix); (b) EBIT margin of 18-20 per cent; (c) Capex at…