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Stock impact report

President Trump's Supreme Court Tariff Case Is Seeing People Recommend Gap (GAP), Says Jim Cramer [Yahoo! Finance]

Gap, Inc. (The) (GAP) 
US:NYSE Investor Relations: greatatlanticinc.com
Company Research Source: Yahoo! Finance
The Gap, Inc. (NYSE:GAP) is a well-known American apparel retailer. Its shares are up by 15% year-to-date but have spent a tumultuous time on the market. The volatility in The Gap, Inc. (NYSE:GAP)'s shares comes at a time when it is in the midst of a turnaround under CEO Richard Dickson. For instance, the shares dipped by 20% on May 30th after the firm shared that it could face as much as $300 million in excess costs due to tariffs. Northfoto / Shutterstock.com Since the dip, The Gap, Inc. (NYSE:GAP)'s shares are up by more than 21%. During this time period, several analysts have shared their thoughts about the firm. One such coverage came from Morgan Stanley as it increased The Gap, Inc. (NYSE:GAP)'s share price target to $28 from $27 and kept an Overweight rating on September 16th. A little over a month later, on November 14th, Jefferies raised its share price rating for The Gap, Inc. (NYSE:GAP)'s stock to Buy from Hold and increased the share price target to $30 from $22. The Show less Read more
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