Telsey Advisory Group Maintains Market Perform on Gap, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained a Market Perform rating on Gap Inc. but has lowered its price target from $29 to $26.
August 30, 2024 | 6:43 pm
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Telsey Advisory Group has maintained a Market Perform rating on Gap Inc. but has lowered its price target from $29 to $26, indicating a more cautious outlook.
The lowering of the price target from $29 to $26 by Telsey Advisory Group suggests a more cautious outlook on Gap's future performance. This could lead to a negative short-term impact on Gap's stock price as investors may adjust their expectations based on the revised target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100