GPS / Analyst: Gap Stock Has Potential "Turnaround Story"

Gap (GPS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable pr more_horizontal

Shares of Gap Inc (NYSE:GPS) are 5% higher before the opening bell, after Wells Fargo upgraded the retail stock to "overweight" from "equal weight" an more_horizontal

Wells Fargo & Co. analyst Ike Boruchow upgraded Gap Inc. on Wednesday to overweight from equal weight and hiked the clothing retailer's price target t more_horizontal

The economy appears to be slowing down. Inflation and higher interest rates are proving to be a big drag on the economic outlook. more_horizontal

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Gap's (GPS) strength in its Athleta brand, cost-management efforts and the Power Plan 2023 strategy bode well despite a tough macroeconomic environmen more_horizontal

Investing in companies you know and understand is the best advice I learned when I started to invest. Familiarity with due diligence made the stock-pi more_horizontal