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Gap (GPS) Q1 Results Flat with Expectations; Merchandising Continues to Hamper Overall Results - Stifel
May 22, 2015 6:47 AM EDTStifel affirms its Buy rating and $48 price target on Gap, Inc., (NYSE: GPS) following the retailer's Q1 results and outlook issued Thursday night.
Analyst Richard Jaffe noted that Gap's Q1 EPS of $.56 was flat with recently established guidance, as well as the firm's estimate. The analyst observed, While GPS remains a well-controlled and... More
