GAP Stock (GAP) Upgraded to Buy by UBS as Sales Growth Accelerat
UBS has upgraded Gap (GAP) to a Buy rating, increasing its price target to $41 due to expected improvements in sales and earnings growth. Strategic initiatives in beauty and handbags are anticipated to drive profits, and the Athleta brand is also forecasted for enhanced sales growth. Despite positive sentiment, investors are advised to be cautious due to financial stress indicators and insider selling activity.
https://www.gurufocus.com/news/4101294/gap-stock-gap-upgraded-to-buy-by-ubs-as-sales-growth-accelerates