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Gap, Inc. (GPS) Feb. Comps Fell 4%

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FBR Capital Upgrades Gap, Inc. (GPS) to Outperform; Sees 'Breakout' Year

March 3, 2015 6:28 AM EST

FBR Capital upgraded Gap, Inc. (NYSE: GPS) from Market Perform to Outperform with a price target of $48.00 (from $39.00), citing numerous catalysts and attractive valuation which could make 2015 a breakout year.

Analyst Susan Anderson commented, "We upgrade GPS to Outperform and believe that 2015 could be a breakout year for the stock, after having been down 5% over the past year versus our retailer coverage... More