Baird Maintains Neutral on Gap, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mark Altschwager maintains a Neutral rating on Gap (NYSE:GPS) and lowers the price target from $12 to $10.
May 26, 2023 | 11:15 am
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Baird analyst Mark Altschwager maintains a Neutral rating on Gap and lowers the price target from $12 to $10.
The lowered price target from Baird analyst Mark Altschwager indicates a potential decrease in Gap's stock price in the short term. As the price target is reduced from $12 to $10, investors may adjust their expectations, leading to a negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100