Gap price target raised to $30 from $29 at JPMorgan

JPMorgan raised the firm’s price target on Gap (GAP) to $30 from $29 and keeps an Overweight rating on the shares. The company reported a “material beat” in Q4 and sees continuous improvement in fiscal 2025, the analyst tells investors in a research note. The firm sees a “mis-priced stock” at current share levels.