Baird lowered his price target on Gap (GAP) to $29 from $31 and maintained a Neuetral rating. The firm updated its model following Q4 results which showed strong execution with steady improvement expected to continue.
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Read More on GAP:
- Gap Inc: Balancing Strong Q4 Performance with Cautious Outlook Amid Operational Challenges
- Gap Inc’s Strong Performance and Strategic Focus Drive Buy Rating
- Gap Inc’s Strong Q4 Performance and Promising Outlook Justify Buy Rating
- The GAP (NYSE:GAP) Doesn’t Mind Trump’s Tariffs
- Gap price target raised to $30 from $29 at JPMorgan
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