JPMorgan raised the firm’s price target on Gap (GAP) to $29 from $25 and keeps an Overweight rating on the shares. The analyst adjusted price targets in retailing as part of a Q1 earnings preview.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GAP:
- Gap price target lowered to $26 from $33 at Barclays
- Gap Inc put volume heavy and directionally bearish
- Gap price target lowered to $27 from $30 at Morgan Stanley
- Victoria’s Secret price target lowered to $19 from $23 at Morgan Stanley
- Wells Fargo Downgrades Nike Stock (NKE) as “Turnaround Is Simply Taking Longer Than Hoped”
