Gap stock surged over 6% after analyst upgrades based on brand revitalization and expected earnings growth

From Stocktwits: 2025-01-22 03:44:10

Shares of Gap Inc. ($GAP) surged over 6% after an upgrade from Argus analyst Christine Dooley to a ‘Buy’ rating with a $27 price target. The upgrade was based on the company’s revitalization efforts and expected earnings growth. Gap currently trades at a low P/E ratio of 11 times forecast earnings. UBS analyst Jay Sole also upgraded Gap to ‘Neutral’ with a $26 price target, citing CEO Richard Dickson’s leadership in driving change. Wall Street analysts anticipate earnings per share of $0.36 on revenue of $4.07 billion for Gap. Stock is up 5.37% year-to-date.



Read more at Stocktwits: Gap Stock Soars After Argus Upgrade On Brand’s Revival: Retail’s Extremely Bullish