Gap's upbeat quarterly results show improving demand for Old Navy apparel

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Go back to Gap's upbeat quarterly results show improving demand for Old Navy apparel

Gap, Inc. (GPS) PT Raised to $9 at UBS

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

Gap, Inc. (GPS) PT Raised to $15 at CFRA

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

Gap (GPS) shares up on Q4 2023 results; BofA analyst remains cautious

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