Jefferies Upgrades Gap to 'Buy', Sees $3 EPS by 2028
Update: 2025-11-14
Description
Jefferies upgrades Gap to Buy, predicting significant sales and profit growth. New leadership revitalizes Gap and Old Navy brands, with Athleta showing signs of recovery. Price target set at $30, potentially up to $80. Revenue estimate for FY2027 raised to $15.9B, earnings per share forecast to $2.50, potentially reaching $3 by FY2028. Gaps momentum, value offerings, and beauty sector potential position it for consistent growth and surpassing expectations.
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