Gap upgraded by Morgan Stanley with a new price target
$GPS
Clothing/Shoe/Accessory Stores
Consumer Discretionary
Morgan Stanley upgraded Gap from Equal-Weight to Overweight and set a new price target of $29.00 from $27.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/31/2024 | $18.50 → $25.00 | Underperform → Neutral | BofA Securities |
| 7/18/2024 | $27.00 → $29.00 | Equal-Weight → Overweight | Morgan Stanley |
| 6/25/2024 | $28.00 → $30.00 | Hold → Buy | TD Cowen |
| 5/31/2024 | $22.00 → $29.00 | Market Perform | Telsey Advisory Group |
| 5/7/2024 | $21.00 → $28.00 | Neutral → Buy | Citigroup |
| 3/8/2024 | $17.00 → $22.00 | Market Perform | Telsey Advisory Group |
| 2/26/2024 | $16.00 → $20.00 | Underweight → Neutral | JP Morgan |
| 11/17/2023 | $11.00 → $17.00 | Market Perform | Telsey Advisory Group |
10-Q - GAP INC (0000039911) (Filer)
8-K - GAP INC (0000039911) (Filer)
8-K - GAP INC (0000039911) (Filer)
Net sales increased 5% versus last year with market share gains for the 6th consecutive quarter Comparable sales were up 3% driven by strength at Old Navy and Gap Operating margin of 7.9% improved 490 basis points versus last year Increases outlook for fiscal 2024 gross margin and operating income growth SAN FRANCISCO, Aug. 29, 2024 /PRNewswire/ -- Gap Inc. (NYSE:GAP), the largest specialty apparel company in the U.S. and a house of iconic brands including Old Navy, Gap, Banana Republic, and Athleta, today reported financial results for its second quarter ended August 3, 2024. "Gap Inc. delivered another successful quarter, exceeding financial expectations and gaining market share for the 6
The American Pop Culture Brand Celebrates Loose Denim as Both a Fit and Mindset through Dance NEW YORK, Aug. 21, 2024 /PRNewswire/ -- Gap debuts its Fall 2024 campaign, featuring dancers and artists showcasing the brand's fall denim collection as a canvas for creativity. The campaign champions originality through fashion, music, and dance. The campaign, titled "Get loose," stars GRAMMY®-nominated global pop star Troye Sivan and the dance group CDK Company, with direction and choreography by Sergio Reis. Set to Thundercat's viral hit "Funny Thing," the film, shot by Dan Martens
SAN FRANCISCO, Aug. 13, 2024 /PRNewswire/ -- Gap Inc. (NYSE:GPS) today announced its board of directors has authorized a third quarter fiscal year 2024 dividend of $0.15 per share, payable on or after October 30, 2024 to shareholders of record at the close of business on October 9, 2024. As a reminder, Gap Inc. previously announced that it will change its ticker symbol from "GPS" to "GAP". The company's common shares will begin trading on the New York Stock Exchange (NYSE) under the new symbol "GAP" on Thursday, August 22, 2024. About Gap Inc. Gap Inc., a house of iconic brands, is the largest specialty apparel company in America. Its Old Navy, Gap, Banana Republic, and Athleta brands offer
BofA Securities upgraded Gap from Underperform to Neutral and set a new price target of $25.00 from $18.50 previously
Morgan Stanley upgraded Gap from Equal-Weight to Overweight and set a new price target of $29.00 from $27.00 previously
TD Cowen upgraded Gap from Hold to Buy and set a new price target of $30.00 from $28.00 previously
SC 13D/A - GAP INC (0000039911) (Subject)
SC 13D/A - GAP INC (0000039911) (Subject)
SC 13G/A - GAP INC (0000039911) (Subject)
SAN FRANCISCO, Feb. 5, 2024 /PRNewswire/ -- Gap Inc. (NYSE:GPS) today announced the appointment of American fashion designer, Zac Posen, to Executive Vice President, Creative Director of Gap Inc. and Chief Creative Officer of Old Navy, based in San Francisco. Posen is an award-winning creator and entrepreneur, celebrated for his technical excellence and body positive designs. Over 25 years, his extensive career has included red-carpet couture, ready to wear, accessories, costume design and more. "I'm thrilled to welcome Zac Posen, one of America's most celebrated designers, at the onset of an exciting new chapter for Gap Inc. His technical expertise and cultural clarity have consistently evo
SAN FRANCISCO, Jan. 12, 2024 /PRNewswire/ -- Gap Inc. (NYSE:GPS) today announced the appointment of Eric Chan as Chief Business and Strategy Officer, effective this week, and Amy Thompson as Chief People Officer, effective January 22. Both leaders will join Gap Inc.'s executive leadership team and report to Gap Inc. President and Chief Executive Officer, Richard Dickson. GPS) today announced the appointment of Eric Chan as Chief Business and Strategy Officer, effective this week, and Amy Thompson as Chief People Officer, effective January 22. Both leaders will join Gap Inc.'s executive leadership team and report to Gap Inc. President and Chief Executive Officer, Richard Dickson." alt="Gap In
O'Neill Will Lend Experience in Scaling Cloud Software to Industry Leading Composable CDP NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Today, GrowthLoop announces the appointment of Chris O'Neill to their Board of Directors, further accelerating GrowthLoop's transformative new approach to growth marketing by providing audiences, journeys, and measurement directly on the data cloud. Chris O'Neill is a purpose-driven global technology leader with 25+ years of experience as an executive at Google, Evernote, and Xero, and a Fortune 500 board director at Gap Inc. and Tim Hortons. "I am t
4 - GAP INC (0000039911) (Issuer)
4 - GAP INC (0000039911) (Issuer)
4 - GAP INC (0000039911) (Issuer)
In the latest quarter, 16 analysts provided ratings for Gap (NYSE:GPS), showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3 3 9 1 0 Last 30D 0 1 0 0 0 1M Ago 1 0 0 0 0 2M Ago 0 2 8 1 0 3M Ago 2 0 1 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $26.59, along with a high estimate of $32.00 and a low estimate of $18.50. This current average reflects an increase of 20.
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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Baird boosted the price target for e.l.f. Beauty, Inc. (NYSE:ELF) from $210 to $230. Baird analyst Joel Beatty upgraded the stock from Neutral to Outperform. e.l.f. Beauty shares declined 9.7% to close at $170.70 on Wednesday. See how other analysts view this stock. B of A Securities increased the price target for Synchrony Financial (NYSE:SYF) from $51 to $56. B of A Securities analyst Mihir Bhatia maintained a Neutral rating Synchrony Financial shares gained 1% to close at $52.22 on Wednesday. Se
Net sales increased 5% versus last year with market share gains for the 6th consecutive quarter Comparable sales were up 3% driven by strength at Old Navy and Gap Operating margin of 7.9% improved 490 basis points versus last year Increases outlook for fiscal 2024 gross margin and operating income growth SAN FRANCISCO, Aug. 29, 2024 /PRNewswire/ -- Gap Inc. (NYSE:GAP), the largest specialty apparel company in the U.S. and a house of iconic brands including Old Navy, Gap, Banana Republic, and Athleta, today reported financial results for its second quarter ended August 3, 2024. "Gap Inc. delivered another successful quarter, exceeding financial expectations and gaining market share for the 6
SAN FRANCISCO, Aug. 13, 2024 /PRNewswire/ -- Gap Inc. (NYSE:GPS) today announced its board of directors has authorized a third quarter fiscal year 2024 dividend of $0.15 per share, payable on or after October 30, 2024 to shareholders of record at the close of business on October 9, 2024. As a reminder, Gap Inc. previously announced that it will change its ticker symbol from "GPS" to "GAP". The company's common shares will begin trading on the New York Stock Exchange (NYSE) under the new symbol "GAP" on Thursday, August 22, 2024. About Gap Inc. Gap Inc., a house of iconic brands, is the largest specialty apparel company in America. Its Old Navy, Gap, Banana Republic, and Athleta brands offer
SAN FRANCISCO, Aug. 8, 2024 /PRNewswire/ -- Gap Inc. (NYSE:GPS) a house of iconic American brands including Old Navy, Gap, Banana Republic, and Athleta, announced today that it will be changing its ticker symbol from "GPS" to "GAP". Effective on Thursday, August 22, 2024, the company's common shares will trade on the New York Stock Exchange (NYSE) under the new symbol "GAP". "Updating our NYSE ticker symbol to GAP on our 55th anniversary recognizes both an important milestone and the reinvigoration journey we're on - inspired by our past, engaged in the present, and eager to shape the exciting evolution of our house of iconic American brands," said Gap Inc. President and Chief Executive Offi