Citi Opens 30-Day Upside Catalyst Watch on Gap, Inc. (GPS)

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Citi Reiterates Buy Rating on Gap, Inc. (GPS)

May 21, 2024 5:57 AM EDT

Citi analyst Paul Lejuez reiterated a Buy rating and $28.00 price target on Gap, Inc. (NYSE: GPS).

The analyst comments "We anticipate a big 1Q EPS beat (AMC 5/30) of $0.25 (Factset cons $0.14), driven by stronger ON comps of +4% (cons +2%) and stronger GM (+220bps... More