Susquehanna Upgrades Gap, Inc. (GPS) to Positive

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Go back to Susquehanna Upgrades Gap, Inc. (GPS) to Positive

Jefferies Upgrades Gap, Inc. (GPS) to Buy; Best New Idea for 2015

January 5, 2015 6:47 AM EST

Jefferies upgraded Gap, Inc. (NYSE: GPS) from Hold to Buy with a price target of $50 an named the stock its best new idea for 2015.

Analyst Randal Konik cited: 1) Old Navy continues its strong momentum among fast-fashion, value-oriented consumers, 2) sourcing cost tailwinds... More