Gap price target raised to $28 from $25 at Evercore ISI

Evercore ISI raised the firm’s price target connected Gap (GAP) to $28 from $25 and keeps an Outperform standing connected the shares. Q3 results that “surprised connected the upside” with stronger-than-expected same-store income and gross borderline improvements awesome a displacement from “fixing fundamentals to a much assertive maturation strategy,” the expert tells investors. Q4 guidance the steadfast views arsenic “conservative” sets the signifier for imaginable outperformance, the expert added.

TipRanks Black Friday Sale

• Claim 60% disconnected TipRanks Premium for the data-backed insights and probe tools you request to put with confidence.

• Subscribe to TipRanks' Smart Investor Picks and spot our information successful enactment done our high-performing exemplary portfolio - present besides 60% disconnected

Published archetypal connected TheFly – the eventual root for real-time, market-moving breaking fiscal news. Try Now>>

See Insiders’ Hot Stocks connected TipRanks >>

Read More connected GAP:

Disclaimer & DisclosureReport an Issue

• Gap terms people raised to $29 from $26 astatine Goldman Sachs

• Gap terms people raised to $26 from $25 astatine UBS

• Gap terms people raised to $31 from $30 astatine Morgan Stanley

• Gap terms people raised to $36 from $32 astatine JPMorgan

• Gap Inc’s Strong Performance and Strategic Initiatives Justify Buy Rating with $29 Price Target