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Gap Stock Jumps on JPMorgan Upgrade, Price Target Raise
Investopedia· 2024-12-02 17:41
Key TakeawaysJPMorgan upgraded Gap stock after its analysts heard positive comments about the apparel retailer from its CEO and CFO.The bank said CEO Richard Dickson suggested the company was "at an inflection point moving to 'continuous improvement.'"JPMorgan estimates fiscal 2025 and fiscal 2026 profit will be above Wall Street expectations. Gap (GAP) shares jumped roughly 7% Monday when JPMorgan upgraded the stock and lifted the price target, pointing to positive comments from the apparel retailer's CEO ...
Gap Analyst Praises Turnaround Strategy As Stock Climbs
Benzinga· 2024-12-02 15:30
Shares of Gap Inc GAP were climbing on Monday, a week after the company reported upbeat quarterly earnings.The company reported the fourth straight quarter of revenue growth and seventh consecutive quarters of market share expansion, according to JPMorgan.Analyst Matthew Boss upgraded the rating for from Neutral to Overweight, while raising the price target from $28 to $30.The Gap Thesis: CEO Richard Dickson noted that the company was moving from a stage of "fixing fundamentals" across the portfolio to achi ...
Analyst: Gap Stock Has Multi-Year Growth Setup
Schaeffers Investment Research· 2024-12-02 14:31
Shares of Gap Inc (NYSE:GAP) are 4.7% higher at $25.40 this morning, after a bull note at JPMorgan Securities. The analyst in question upgraded GAP to "overweight" from "neutral" and hiked its price target from $28 to $30 -- a 23.7% upside to Friday's close.The apparel retailer saw its revenue grow for four straight quarters and its market share expand for seven. In addition, JPMorgan expects multi-year growth after the assortment reset at Athleta, while Gap is also experiencing a strong start to the holida ...
Bull of the Day: Gap Inc. (GAP)
ZACKS· 2024-11-29 12:11
Gap Inc. (GAP) is back and is bullish on the 2024 holiday season. This Zacks Rank #1 (Strong Buy) is expected to grow earnings by the double digits this year.Gap is the largest specialty apparel company in America. It operates brands such as Old Navy, Gap, Banana Republic and Athleta. Clothing, accessories, and lifestyle products are available through company-owned stores, franchise stores and e-commerce sites around the globe.Another Earnings Beat By Gap in the Third QuarterOn Nov 21, 2024, Gap reported it ...
Gap (GAP) Upgraded to Strong Buy: Here's Why
ZACKS· 2024-11-27 18:01
Gap (GAP) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power o ...
Gap(GPS) - 2025 Q3 - Quarterly Report
2024-11-26 17:40
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 2, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-7562 THE GAP, INC. (Exact name of registrant as specified in its charter) Delaware 94-1697231 (State or other jurisdiction of in ...
The Gap, Inc.: Buy Dips
Seeking Alpha· 2024-11-25 17:25
Today we are returning to The Gap, Inc. (NYSE: GAP ) . What is interesting here is that since our last coverage, the company has taken a huge symbolic move and had recently changed its ticker from "GPS" to "GAP." This cameMissed those gains? Come get moreWin with our playbook to advance your savings and retirement timeline by embracing a blended trading and investing approach at our one-stop shop.We activated our BLACK FRIDAY deal ahead of other services, so you can lock in our best price in years. Join See ...
Why Gap (GAP) is a Top Momentum Stock for the Long-Term
ZACKS· 2024-11-25 15:56
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks Styl ...
Nvidia stuns analysts with disappointing earnings while Gap and Target deliver unexpected results: what broker say
Proactiveinvestors NA· 2024-11-22 20:52
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Gap's ‘Brand Reinvigoration' Focus Turns to In-Store and Online Experiences
PYMNTS.com· 2024-11-22 19:46
Gap Inc. is refining both its digital and in-store channels as it works to reinvigorate its apparel brands. The parent company of Old Navy, Gap, Banana Republic and Athleta said this Thursday (Nov. 21) while reporting its third-quarter results. For the Old Navy brand, the company is delivering more clarity around pricing and a greater promotion of value through its in-store and online communications, Gap Inc. President and CEO Richard Dickson said Thursday (Nov. 21) during the company's quarterly earnings c ...