Gap Inc Trading Volume Drops 32 Percent to 209th Rank
On May 23, 2025, The GapGAP--, Inc. (GAP) saw a trading volume of $37.2 million, marking a 32.13% decrease from the previous day. This placed the company at the 209th position in terms of trading volume for the day.
Jefferies recently increased its price target for The GapGAP--, Inc. (GAP) from $26 to $29, while maintaining a Hold rating on the stock. This adjustment reflects the firm's updated outlook on the company's performance.
Citi also raised its price target for Gap to $33 from $22, keeping a Buy rating on the shares. The firm anticipates that Gap will report a strong first-quarter performance, which could drive further investor interest.
Gap is expected to report top-line growth when it releases its first-quarter 2025 results. The company has an Earnings ESP of +3.03% and a Zacks Rank of 3, indicating a positive outlook for its upcoming earnings report.
Overall visits to Gap Banners declined 3.8% in Q1 2025 compared to the same period in 2024, with average visits per location falling 4.2%. This decline in foot traffic could impact the company's revenue and overall performance in the coming quarters.
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