{"id":282185,"date":"2010-02-05T09:35:00","date_gmt":"2010-02-05T14:35:00","guid":{"rendered":"e2249889-c78b-43e3-9643-b1d7d4aa587b:391831"},"modified":"2010-02-05T09:35:00","modified_gmt":"2010-02-05T14:35:00","slug":"gap-upgraded-to-buy-at-citigroup","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/282185","title":{"rendered":"Gap upgraded to Buy at Citigroup"},"content":{"rendered":"<p>Citigroup upgraded <a href=\"http:\/\/www.financialpost.com\/markets\/company\/index.html?symbol=GPS&amp;id=265906\" >Gap Inc.<\/a> from Hold to Buy on Friday as it is encouraged by solid top-line performance at Old Navy and Banana Republic.<\/p>\n<p>While acknowledging that the Gap division is still a work in progress, analyst Kimberly Greenberger feels the franchise as a whole offers attractive margin and free cash flow characteristics.<\/p>\n<p>She noted that Gap shares are down 7% so far in 2010, which presents an attractive buying opportunity.<\/p>\n<p>The analyst\u2019s price target on Gap shares climbs from US$23 to US$24. <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/network.nationalpost.com\/np\/aggbug.aspx?PostID=391831\" width=\"1\" height=\"1\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Citigroup upgraded Gap Inc. from Hold to Buy on Friday as it is encouraged by solid top-line performance at Old Navy and Banana Republic. While acknowledging that the Gap division is still a work in progress, analyst Kimberly Greenberger feels the franchise as a whole offers attractive margin and free cash flow characteristics. She noted [&hellip;]<\/p>\n","protected":false},"author":4059,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-282185","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/282185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/4059"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=282185"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/282185\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=282185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=282185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=282185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}