JPMorgan Says This Retail Turnaround Story Is on Track

JPMorgan says this retail turnaround story is on track

Gap shares declined after the retailer said in May, during its first-quarter earnings, that tariffs could impact its business by $100 million to $150 million.

SEC filing of the day: Cato

Contributed South Charlotte-based women’s clothier Cato Corp. warned investors on May 29 that the Trump administration’s tariffs are already increasing its costs. This will “negatively impact our results” unless it can raise prices in response or get its vendors to eat part of the cost, Cato officials said in their first quarter report to the SEC for its 2025-26 fiscal year. Cato gets “a significant quantity” of its wares from China and Southeas…

UBS Group Cuts GAP (NYSE:GAP) Price Target to $27.00

GAP (NYSE:GAP – Free Report) had its target price trimmed by UBS Group from $29.00 to $27.00 in a research note released on Friday,Benzinga reports. The firm currently has a neutral rating on the stock. A number of other research firms have also recently weighed in on GAP. Robert W. Baird decreased their price target […]

Telsey Advisory Group Predicts GAP’s Q2 Earnings (NYSE:GAP)

The Gap, Inc. (NYSE:GAP – Free Report) – Telsey Advisory Group dropped their Q2 2026 earnings per share estimates for shares of GAP in a research report issued to clients and investors on Friday, May 30th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings of $0.54 per share for […]