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KeyBanc Downgrades Gap, Inc. (GPS) to Hold

October 3, 2011 7:33 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: 9 | Down: 14 | New: 29
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KeyBanc downgraded Gap, Inc. (NYSE: GPS) from Buy to Hold.

The firm said while the stock has an accommodating valuation, given a more cautious consumer backdrop margin risk remains reasonably high.

For more ratings news on Gap, Inc. click here and for the rating history of Gap, Inc. click here.

Shares of Gap, Inc. closed at $16.24 yesterday.


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