Bank of America Raises The Gap, Inc. (GAP) Price Target to $29

The Gap, Inc. (NYSE:GAP) is among the 12 Best Very Cheap Stocks to Buy successful 2026.

On March 6, Bank of America raised the firm’s terms people connected The Gap, Inc. (NYSE:GAP) to $29 from $27 portion maintaining a Neutral rating. The steadfast said determination were “no surprises” successful the company’s fourth-quarter results. Although analysts were encouraged by affirmative comparable income growth, they stay cautious astir the outlook for lower-income consumers, who could look unit from tariffs and broader economical factors. Bank of America accrued its fiscal 2026 net per stock estimation by 3% to $2.25, reflecting a somewhat improved outlook for gross margins. On the aforesaid day, Citigroup besides raised its terms people connected GAP to $27 from $25 portion keeping a Neutral rating.

The Gap, Inc. (NYSE:GAP) reported that for the 4th fourth and fiscal twelvemonth ended January 31, 2026, nett income accrued 2% to $15.4 billion. The institution recorded its 2nd consecutive twelvemonth of gross maturation and its eighth consecutive 4th of affirmative comparable sales. Operating income reached $1.1 cardinal with a borderline of 7.3%. Performance was supported by beardown online income maturation and improving marque momentum astatine divisions specified arsenic Old Navy, Gap, and Banana Republic, though tariffs pressured wide gross margins, and Athleta continued to look declining performance.

The Gap, Inc. (NYSE:GAP) ended fiscal 2025 with $3.0 cardinal successful currency and generated $1.3 cardinal successful operating currency travel on with $823 cardinal successful escaped currency flow. Gap returned astir $402 cardinal to shareholders done dividends and stock repurchases during the year. Its committee of directors approved a caller $1 cardinal stock repurchase authorization and accrued the quarterly dividend. Management besides guided for humble nett income maturation and further operating borderline enlargement successful fiscal 2026, reflecting assurance successful the company’s translation strategy and fiscal position.

The Gap, Inc. (NYSE:GAP) is an American multinational apparel and accessories retailer founded successful 1969 and headquartered successful San Francisco, California. The institution operates a portfolio of globally recognized covering brands and retail platforms serving customers done some carnal stores and integer channels. Out of the 12 champion precise inexpensive stocks to bargain successful 2026, Gap falls successful ninth place.

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