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Fly News Breaks for June 20, 2018
GPS
Jun 20, 2018 | 08:25 EDT
After hosting investor meetings with management, Jefferies analyst Randal Konik has greater conviction in Gap as a top pick. The analyst sees higher earnings and free cash ahead with "no signs of Old Navy momentum slowing, the market waking up to Athleta's robust growth profile, and only upside from here at core Gap." He keeps a Buy rating on Gap shares with a $45 price target.
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