B of A Securities Maintains Underperform on Gap, Lowers Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Lorraine Hutchinson maintains an Underperform rating on Gap (NYSE:GPS) and lowers the price target from $9.5 to $8.5.
May 26, 2023 | 11:43 am
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NEGATIVE IMPACT
B of A Securities maintains an Underperform rating on Gap and lowers the price target from $9.5 to $8.5.
The lowered price target from B of A Securities indicates a negative outlook for Gap's stock price in the short term. The Underperform rating suggests that the stock is expected to underperform the market, which may lead to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100