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Jefferies upgrades this retailer on emerging opportunity in beauty business
Jefferies forecasts shares of Gap adding 24% from here.
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Jefferies forecasts shares of Gap adding 24% from here.
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Baird sees shares of Gap adding 22% from here.

Jefferies upgraded the discount store chain on Thursday and said its stock could rise more than 40% from here.

The investment firm upgraded the cosmetics giant to buy from hold.

The bank upgraded the beauty stock to buy from hold.

The beauty retailer's investments seem poised to pay off, according to analyst Lorraine Hutchinson.

UBS analyst Jay Sole's revised price target of $41, hiked from $26, offers upside of 54% for shares of Gap.