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Gap price target raised to $34 from $32 at Telsey Advisory

Telsey Advisory raised the firm’s price target on Gap (GAP) to $34 from $32 and keeps an Outperform rating on the shares. The firm is raising its price target on the stock ahead of Q4 results, the analyst tells investors. The company continues to make its brand more culturally relevant through marketing campaigns, focusing on partnerships, and its new experiential loyalty program, the firm adds.

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