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-0.00107342206955784 0 -0.00386431945040789 -0.00343495062258488 -0.00128810648346935 0.000429368827823015 -0.00472305710605423 -0.00729927007299277
Stock impact report

Bank of America Raises The Gap, Inc. (GAP) Price Target to $29 [Yahoo! Finance]

Gap, Inc. (The) (GAP) 
US:NYSE Investor Relations: greatatlanticinc.com
Company Research Source: Yahoo! Finance
The Gap, Inc. (NYSE: GAP ) is among the 12 Best Very Cheap Stocks to Buy in 2026 On March 6, Bank of America raised the firm's price target on The Gap, Inc. (NYSE:GAP) to $29 from $27 while maintaining a Neutral rating. The firm said there were “no surprises” in the company's fourth-quarter results. Although analysts were encouraged by positive comparable sales growth, they remain cautious about the outlook for lower-income consumers, who could face pressure from tariffs and broader economic factors. Bank of America increased its fiscal 2026 earnings per share estimate by 3% to $2.25, reflecting a slightly improved outlook for gross margins. On the same day, Citigroup also raised its price target on GAP to $27 from $25 while keeping a Neutral rating. The Gap, Inc. (NYSE:GAP) reported that for the fourth quarter and fiscal year ended January 31, 2026, net sales increased 2% to $15.4 billion. The company recorded its second consecutive year of revenue growth and its eighth straight Show less Read more
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