Why Gap's Stock Is Trading Lower Today
Gap (NYSE: GPS) shares are trading lower on Thursday after getting a lowered price target.
UBS maintained a Neutral rating and lowered its price target on the stock from $18 to $8.
Gap retails apparel, accessories, and personal care products under the Gap, Old Navy, Banana Republic, Athleta, Hill City, Janie & Jack, and Intermix brands. Old Navy generates nearly half of Gap's sales.
Gap shares were trading down 6.41% at $8.47 on Thursday. The stock has a 52-week high of $26.18 and a 52-week low of $5.26.
Related Links:
Gap Reports Q4 Earnings Beat, CEO Warns Of Uncertainty
Gap Sales Drop Amid Pandemic, Retailer To Furlough 80,000 Workers In US And Canada
Latest Ratings for GPS
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Nov 2020 | Credit Suisse | Maintains | Underperform | |
| Nov 2020 | B of A Securities | Maintains | Neutral | |
| Nov 2020 | Citigroup | Downgrades | Buy | Neutral |
View More Analyst Ratings for GPS
View the Latest Analyst Ratings
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