Gap, Inc. (GPS) PT Raised to $32 at Evercore ISI
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Gap, Inc. (GPS) PT Raised to $20 at CFRA
May 31, 2024 9:09 AM EDTCFRA analyst Zachary Warring raised the price target on Gap, Inc. (NYSE: GPS) to $20.00 (from $15.00) while maintaining a Sell rating.
The analyst comments "We raise our 12-month price target by $5 to $20, based on 12.5x our FY 25 (Jan.) EPS estimate and below the... More
Gap, Inc. (GPS) PT Raised to $18.50 at BofA Securities
May 31, 2024 5:51 AM EDTBofA Securities analyst Lorraine Hutchinson raised the price target on Gap, Inc. (NYSE: GPS) to $18.50 (from $15.50) while maintaining a Underperform rating.
The analyst comments "GPS reported 1Q adj EPS of $0.41, beating our/consensus $0.12/$0.13 estimates as brand turnaround initiatives take hold. 1Q... More
Gap, Inc. (GPS) PT Raised to $27 at JPMorgan
May 31, 2024 5:31 AM EDTJPMorgan analyst Matthew Boss raised the price target on Gap, Inc. (NYSE: GPS) to $27.00 (from $20.00) while maintaining a Neutral rating.
The analyst comments "We rate GPS Neutral. Our work points to (i) Old Navy/Gap stability (at ~80% of sales) with inventory right... More
After-hours movers: Dell Technologies, Gap, MongoDB, Zscaler and more
May 30, 2024 4:41 PM EDTAfter-Hours Stock Movers:
Dell Technologies (NYSE: DELL) fell 8% after the company's first quarter results failed to impress investors. Management said AI-optimized server orders increasing sequentially to $2.6 billion, but backlog only grew to $3.8 billion.
MongoDB... More
Gap lifts sales view on strong demand for namesake brand, Old Navy; shares soar
May 30, 2024 4:17 PM EDTBy Savyata Mishra
(Reuters) -Gap raised its annual sales forecast and its first-quarter results beat market expectations, boosted by strength in its Old Navy and Gap brands as Americans snap up its trendy denims and limited edition apparel.
Shares of the company surged 23% after the bell as the Banana Republic owner saw strong spring shopping, similar to mall-based retailers like Abercrombie & Fitch, which had also hiked its annual sales goal.
... MoreGap, Inc. (GPS) Tops Q1 EPS by 27c
May 30, 2024 4:17 PM EDTGap, Inc. (NYSE: GPS) reported Q1 EPS of $0.41, $0.27 better than the analyst estimate of $0.14. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.28 billion.
Fiscal 2024... More
Gap, Inc. (GPS) call put ratio 7 calls to 1 put into quarter results and outlook
May 29, 2024 11:09 AM EDTGap, Inc. (NYSE: GPS) May weekly call option implied volatility is at 240, June is at 90; compared to its 52-week range of 36 to 76 into the expected release of quarter results after the bell on May 30.
... More