Market Overview

Why Gap's Stock Is Trading Lower Today

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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

DateFirmActionFromTo
Nov 2020Credit SuisseMaintainsUnderperform
Nov 2020B of A SecuritiesMaintainsNeutral
Nov 2020CitigroupDowngradesBuyNeutral

View More Analyst Ratings for GPS
View the Latest Analyst Ratings

 

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Latest Ratings

StockFirmActionPT
WWEEvercore ISI GroupUpgrades
INTB of A SecuritiesUpgrades40.0
BLDPBMO CapitalInitiates Coverage On39.0
SSYSStifelInitiates Coverage On40.0
CMGGoldman SachsInitiates Coverage On1,650.0
View the Latest Analytics Ratings
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