1444 ET - Gap shares should see upside ahead with multiple drivers despite 4Q results "that were a hair light," but in-line fiscal-year guidance, according to Baird in a research note. Analysts Mark Altschwager and Katie McGuire expect the apparel company to get a boost from strong consumer spending due to tax refunds, lower tariffs and improvements from its investments in marketing, stores and technology. With Gap sliding 14% post 4Q results, the analysts say "we're buyers," noting they see little downside given reasonable guidance and a good start to the current quarter. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
March 06, 2026 14:44 ET (19:44 GMT)
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