Gap Inc. Reports Fourth Quarter and Fiscal 2023 Results; Provides Fiscal 2024 Outlook
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Go back to Gap Inc. Reports Fourth Quarter and Fiscal 2023 Results; Provides Fiscal 2024 Outlook
March 11, 2024 9:09 AM EDT
UBS analyst Jay Sole raised the price target on Gap, Inc. (NYSE: GPS) to $9.00 (from $8.00) while maintaining a Sell rating.
The analyst comments "GPS 4Q23 report was better than we expected. We raise our PT by $1 as a result. However, we believe GPS... More
March 8, 2024 10:08 AM EST
CFRA analyst Zachary Warring raised the price target on Gap, Inc. (NYSE: GPS) to $15.00 (from $12.00) while maintaining a Sell rating.
The analyst comments "We raise our 12-month price target by $3 to $15, based on 12.5x our FY 25 (Jan.) EPS estimate and below GPS's... More
March 7, 2024 4:26 PM EST
Shares of Gap Inc. (NYSE: GPS) jumped 5% in premarket trading Friday following the companys better-than-expected earnings and revenue numbers for the fiscal Q4 2023.
The clothing retailer delivered earnings per share (EPS) of $0.49, surpassing consensus estimates of $0.22. Revenue came in at $4.3 billion, also above the anticipated $4.22 billion.
The report showed that comparable sales remained stable flat to the same period last... More
March 7, 2024 4:17 PM EST
Gap, Inc. (NYSE: GPS) reported Q4 EPS of $0.49, $0.27 better than the analyst estimate of $0.22. Revenue for the quarter came in at $4.3 billion versus the consensus estimate of $4.22... More
