Gap surges as apparel maker's turnaround strategy pays off

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Go back to Gap surges as apparel maker's turnaround strategy pays off

Gap, Inc. (GPS) PT Raised to $20 at CFRA

May 31, 2024 9:09 AM EDT

CFRA 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