JP Morgan Maintains Neutral on Gap, Raises Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has maintained a Neutral rating on Gap Inc. while slightly raising its price target from $27 to $28.
August 30, 2024 | 5:28 pm
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JP Morgan has maintained its Neutral rating on Gap Inc. and increased the price target from $27 to $28, indicating a modestly positive outlook.
The Neutral rating suggests that JP Morgan does not expect significant short-term movement in Gap's stock price. However, the slight increase in the price target to $28 indicates a modestly positive outlook, suggesting some potential for upside.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100