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JPMorgan Downgrades Gap, Inc. (GPS) to Neutral

November 24, 2021 5:45 AM EST

JPMorgan analyst Matthew Boss downgraded Gap, Inc. (NYSE: GPS) from Overweight to Neutral with a price target of $22.00 (from $39.00).

The analyst comments "We rate GPS Neutral. We see potential for Old Navy to continue to grow market share across numerous categories (denim,... More