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Gap Posts EPS Beat and Faces Mixed Analyst Ratings

Gap Inc. logoGap Inc.
Sig1.25Sen+1.10Env0.00Soc0.00Gov0.00

Gap reported quarterly earnings per share of $0.52, above the $0.48 consensus, and declared a quarterly dividend with a 20.90% payout ratio. Analyst views were mixed: TD Cowen raised its price target and issued a buy rating, while Evercore kept an in-line rating and Morgan Stanley moved to equal weight. The consensus rating remains Hold.

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