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June 1, 2023
The Gap, Inc. (NYSE:GPS – Get Rating) was the recipient of a large increase in short interest during the month of May. As of May 15th, there was short interest totalling 31,450,000 shares, an increase of 6.4% from the April 30th total of 29,560,000 shares. Based on an average trading volume of 9,140,000 shares, the […]
May 30, 2023
The Gap, Inc. (NYSE:GPS – Get Rating) – Research analysts at Telsey Advisory Group decreased their FY2024 earnings estimates for shares of GAP in a research report issued on Friday, May 26th. Telsey Advisory Group analyst D. Telsey now anticipates that the apparel retailer will earn $0.70 per share for the year, down from their […]
May 30, 2023
GAP (NYSE:GPS – Get Rating) had its target price decreased by Bank of America from $9.50 to $8.50 in a research note issued to investors on Friday morning, The Fly reports. Other research analysts also recently issued reports about the company. Robert W. Baird cut their target price on GAP from $12.00 to $10.00 in […]
May 27, 2023
GAP (NYSE:GPS – Get Rating) announced its earnings results on Thursday. The apparel retailer reported $0.01 EPS for the quarter, beating the consensus estimate of ($0.16) by $0.17, Briefing.com reports. The business had revenue of $3.28 billion for the quarter, compared to the consensus estimate of $3.28 billion. GAP had a positive return on equity […]
May 26, 2023
Shares of The Gap, Inc. (NYSE:GPS – Get Rating) saw unusually-high trading volume on Friday after the company announced better than expected quarterly earnings. Approximately 7,471,768 shares changed hands during mid-day trading, a decline of 11% from the previous session’s volume of 8,403,087 shares.The stock last traded at $8.29 and had previously closed at $7.42. […]
May 24, 2023
Kanye West is being sued by GAP for $2 million in hopes of covering the clothing brand's lawsuit with Art City Center.
May 23, 2023
Citigroup upgraded shares of GAP (NYSE:GPS – Get Rating) from a sell rating to a neutral rating in a research report sent to investors on Friday morning, The Fly reports. They currently have $8.00 price objective on the apparel retailer’s stock, down from their prior price objective of $10.00. Several other research analysts also recently […]
May 22, 2023
StockNews.com started coverage on shares of GAP (NYSE:GPS – Get Rating) in a report issued on Thursday morning. The brokerage issued a hold rating on the apparel retailer’s stock. A number of other research firms have also issued reports on GPS. JPMorgan Chase & Co. increased their target price on shares of GAP from $9.00 […]
May 19, 2023
StockNews.com initiated coverage on shares of GAP (NYSE:GPS – Get Rating) in a research report sent to investors on Thursday morning. The brokerage issued a hold rating on the apparel retailer’s stock. A number of other research analysts have also recently issued reports on the stock. Barclays decreased their price objective on shares of GAP […]
May 19, 2023
StockNews.com assumed coverage on shares of GAP (NYSE:GPS – Get Rating) in a research note published on Thursday. The firm issued a hold rating on the apparel retailer’s stock. A number of other analysts have also recently weighed in on the company. Morgan Stanley upgraded GAP from an underweight rating to an equal weight rating […]