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Gap Inc Raises 2024 Outlook After Market Share Gains in Q3
Trump's tariffs raise concerns! The National Retail Federation: this could reduce the consumer purchasing power of Americans by $78 billion each year.
① The National Retail Federation reports that the tariffs proposed by Trump could cost usa consumers between 46 billion and 78 billion dollars each year. ② Tariffs will lead to price increases on outfits, toys, furniture, and other products, which will ultimately be passed on to consumers by retailers; ③ Wall Street investment banks have pointed out that the imposition of high tariffs could severely impact economic growth, and retailers may collectively raise prices.
UBS Group raises Gap's target price to $16.
ubs group: raised the target price for Gap from 14 dollars to 16 dollars, maintaining a "sell" rating. (Gelonghui)
Cautious Optimism: Evaluating Gap Inc.'s Mixed Performance Amid Economic Uncertainties
Daily short sale tracking: Flex Ltd's short volume increased by 20 million, with a short sale ratio of 35%
Flex Ltd(FLEX.US) ranked top of the list had the largest change in short volume (20.08 million shares), and the short volume ratio of Pembina Pipeline(PBA.US) reached 66.66%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
UBS Maintains Sell on Gap, Raises Price Target to $16