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Bullboard - Stock Discussion Forum Gap Inc GPS

Consumer Cyclical
The Gap, Inc. is a specialty apparel company in America. The Company offers apparel, accessories and personal care products for women, men and children. Its Old Navy, Gap, Banana Republic, and Athleta brands offer clothing, accessories and lifestyle products for men, women and children. It is an omni-channel retailer, with sales to customers both in stores and online, through Company-operated... see more

NYSE:GPS - Post Discussion

Gap Inc > Barclays Upgrades GPS
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Post by radcat on Jan 05, 2024 11:44am

Barclays Upgrades GPS

Barclays analyst Adrienne Yih raised the firm’s price target on Gap to $26 from $20 and keeps an Overweight rating on the shares. The firm’s 2024 specialty retail outlook reaffirms its view that a 2024 “retail megacycle has arrived.” Barclays spotlights wholesale with Nike (NKE) as its 2024 best idea, and highlights improving promotional checks suggesting holiday upside.

 
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