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Why Gap Stock Is Trading Higher Today

TheMotleyFool

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Shares of Gap (NYSE: GPS) were moving higher on Monday, after a key analyst raised his price target and upgraded the stock.

As of 10:45 a.m. EDT today, Gap's shares were up 14.4% from Friday's closing price.

In a note on Monday morning, J.P. Morgan analyst Matthew Boss raised his rating on Gap's shares to neutral from underweight, and his price target to $11 from $7.

Source Fool.com

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