Gap Stores (GPS) volatility elevated into July same store sales falling short of estimates
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Piper Jaffray Raises Price Target on Gap, Inc. (GPS) to $23 Following July Sales Release
August 9, 2016 7:03 AM EDTPiper Jaffray maintained an Underweight rating on Gap, Inc. (NYSE: GPS), and raised the price target to $23.00 (from $21.00), following the company's July sales release. Management expects 2Q adjusted EPS of $0.58-$0.59.
Analyst Neely Tamminga commented, "We are updating our model to reflect... More
