Morgan Stanley Upgrades Gap to Overweight, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alex Straton has upgraded Gap (NYSE:GPS) from Equal-Weight to Overweight and raised the price target from $27 to $29.
July 18, 2024 | 9:34 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley analyst Alex Straton has upgraded Gap from Equal-Weight to Overweight and raised the price target from $27 to $29.
The upgrade from Equal-Weight to Overweight and the increase in the price target from $27 to $29 by a reputable analyst at Morgan Stanley is likely to positively impact Gap's stock price in the short term. Such upgrades often lead to increased investor confidence and buying activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100