4:10 PM · 22 June 2020

GAP stock higher by nearly 7%

Gap  (GPS.US)  stock was upgraded by Wells Fargo to overweight from underweight. Also analysts lifted up share-price target to $19 from $8. Wells Fargo noticed strength of Gap’s women’s active wear brand, Athleta, and the significant value of company’s real estate holdings.
Analysts estimate that Athleta may be worth approximately $2.5 billion, and a sale of the brand could be  “highly value accretive”.
GAP'S real estate holdings, which include its San Francisco headquarters and four distribution centers, were valued at around  $1.9 billion.
“This real estate value is relevant when considering GPS’ enterprise value as a real asset that management could potentially look to monetize in the future via a sale leaseback transaction,” Wells Fargo said.

Gap  (GPS.US)  shares rose sharply during today's session. They have soared more than 48% over the last three months.  Breaking above the resisitance at $11.82 per share may trigger a bigger upward move towards recent highs at $13.76 per share. Local support can be found around $10.29 per share. Source: xStation5
20 August 2026, 6:41 PM

Daily Summary: Dollar Recovers Losses, Oil Near 3-Week Highs 🗽 US30 Falls 1%

20 August 2026, 3:45 PM

US Open: US100 falls 0.7% as Treasury yields and oil prices surge 🚩 Walmart under pressure

20 August 2026, 12:52 PM

Walmart falls 6% despite strong results 📉 What did the largest U.S. retailer reveal?

20 August 2026, 9:12 AM

Economic Calendar: FOMC Minutes Out, PMIs and Japanese Inflation Ahead (20.08.2026)

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits