Alert: Major Price Advance (11/22/24)-Gap Inc (NYSE: GAP).

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Gap Inc (NYSE: GAP) stock closed at $24.87 on 11/22/24 after a major increase of 12.8%. Moreover, this advance was accompanied by exceptionally high trading volume at 634% of normal. The stock has risen 12.5% during the last week but has been weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

Gap has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Gap has a poor Appreciation Score of 29 but a neutral Power Rating of 54, leading to the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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