Gap (NYSE:GPS) shares are trading higher on Monday after analysts at Wells Fargo increased their rating of the stock from Equal-Weight to Overweight and raised the price target from $8 to $19.
Gap retails apparel, accessories, and personal care products under the Gap, Old Navy, Banana Republic, Athleta, Hill City, Janie & Jack, and Intermix brands. Old Navy generates nearly half of Gap's sales.
Gap shares were trading up 6.66% at $11.37 on Monday. The stock has a 52-week high of $19.86 and a 52-week low of $5.26.