Wells Fargo Maintains Equal-Weight on Gap, Lowers Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Ike Boruchow has maintained an Equal-Weight rating on Gap (NYSE:GPS) and lowered the price target from $12 to $11.
August 25, 2023 | 1:56 pm
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Wells Fargo has maintained an Equal-Weight rating on Gap and lowered the price target from $12 to $11.
The lowering of the price target by Wells Fargo indicates a less optimistic outlook for Gap's stock, which could potentially lead to a decrease in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100