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It’s a Pair of Upgrades and One Downgrade as Analysts Make Picks

August 5, 2023
in Trade Tube
Reading Time: 1 min read
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Retailers Gap and Foot Locker get ratings, plus Energizer Holdings in Friday’s Analysts’ Actions. Some retailers are announcing disappointing comps and may miss estimates, but analysts at Topeka Capital Markets are reiterating their BUY rating on Gap stock, expecting any weakness at stores to be offset by better performance at Old Navy. The news isn’t so good for Foot Locker’s rating — but that comes after it surpassed the price target set out for it by analysts at Credit Suisse, who are still reiterating gains expectations for the sneaker champ. And Energizer Holdings is getting a boost.

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