JPMorgan Chase raises Gap Inc. price target to $28, exceeding Q earnings of $0.41 EPS.
JPMorgan Chase raised its price target for Gap Inc. from $27 to $28, maintaining a neutral rating. Telsey Advisory Group set a $29 target with a market perform rating. Gap reported quarterly earnings of $0.41 EPS, exceeding estimates of $0.14, with revenue of $3.39 billion. Analysts generally recommend a "Moderate Buy," with a consensus price target of $26.51. Gap operates brands like Old Navy and Banana Republic, and major investors hold 58.81% of its stock.
September 02, 2024
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