Alert: Major Price Advance (11/17/23)-Gap Inc (NYSE: GPS).

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Gap Inc (NYSE: GPS) stock closed at $17.85 on 11/17/23 after a major increase of 30.6%. The stock has risen 32.4% during the last week and has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, GPS is expected to continue to be an important Value Builder.

Gap has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Gap has a poor Appreciation Score of 25 but a very high Power Rating of 95, with the High Neutral Value Trend Rating the result.

Rating Review

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

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