Pursuits
Gap Hits Decade High With Investors Seeing Turnaround: Retail
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Wall Street loves Gap Inc. Again.
The largest U.S. apparel chain has surged 37 percent to $25.48 this year through yesterday and on March 26 hit a 10-year closing high. Analysts are raising their price targets to levels -- $28 and higher -- not seen since one of the best-performing companies of the 1990s began to lose its footing in 2001.