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The Gap downgraded at Deutsche Bank amid execution issues, executive exit

Jul. 13, 2022 7:55 AM ETThe Gap, Inc. (GPS)By: SA News Team3 Comments

Gap To Announce Q4 Earnings After Market Close

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The Gap Inc. (NYSE:GPS) shares added to recent declines on Wednesday after Deutsche Bank dimmed its view of the retailer.

The bank downgraded the stock from “Buy” to “Hold” on Wednesday, reeling in its price target from $12 to $9. The note updating

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Comments (3)

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Soft goods retail is a definite no touch. Not even including CEO departures, inflation, recession possibilities, etc etc. Give it 6 to 8 months.
Rogue_Onesie profile picture
i see a dividend cut coming soon . 8 still seems overvalued with their dangerous debt load .
@Rogue_Onesie what dangerous debt load are you talking about?

How much do you think their debt is?

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