Janney Montgomery Scott Maintains a 'Buy' on Gap, Inc. (GPS); Raising PT & Estimates

April 30, 2012 7:49 AM EDT
Get Alerts GPS Hot Sheet
Price: $24.55 --0%

Rating Summary:
    14 Buy, 23 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Janney Montgomery Scott maintains a 'Buy' on Gap, Inc. (NYSE: GPS) price target raised $1 to $34.

Analyst, Adrienne Tennant, said, "We are raising our FY12 and FY13 EPS estimates based on increased visibility of product improvement and customer reception; our FY12 goes to $1.90 (versus consensus at $1.88), and our FY13 estimate goes to $2.14 (versus consensus of $2.11)."

For an analyst ratings summary and ratings history on Gap, Inc. click here. For more ratings news on Gap, Inc. click here.

Shares of Gap, Inc. closed at $28.53 yesterday.


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