Gap Inc. Reports Second Quarter Results

Wedbush Raises Price Target on Gap, Inc. (GPS) Following 2Q15 Earnings

Wedbush reiterated a Neutral rating on Gap, Inc. (NYSE: GPS), and raised the price target to $39.00 (from $38.00), following the company's 2Q15 earnings results. GPS reported EPS of $0.64, in line with consensus. Executives maintained FY15 guidance.

Analyst Morry Brown commented, "Executives continue to point to spring... More

Stifel Maintains 'Buy' Rating on Gap (GPS); While Old Navy Outperforms, Gap Continues to Hamper Results

Stifel affirms Gap, Inc. (NYSE: GPS) at Buy with a price target of $40 following the clothier's Q2 report on Thursday night.

Analyst Richard Jaffe noted that EPS of $0.64 was flat with recently established guidance. The analyst commented, Foreign exchange had a negative 5% impact on EPS. While GPS remains a well-controlled and well managed business, the merchandising challenge facing Gap division continues to compromise results despite outperformance at Old Navy. The less-than-appealing merchandise... More

Gap (GPS) PT, Estimates Bumped Higher at Piper Jaffray

Piper Jaffray analyst Neely J.N. Tamminga bumped estimates and her price target on Gap, Inc. (NYSE: GPS) to $34.00 (from $33.00) while maintaining a Neutral rating.

Tamminga commented, "We are updating our model to reflect the company's FQ2 earnings release this afternoon in... More

Gap, Inc. (GPS) Reports In-Line Q2 EPS, Maintains FY Guidance

Gap, Inc. (NYSE: GPS) reported Q2 EPS of $0.64, in-line with the analyst estimate of $0.64. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $3.97 billion.

Second Quarter 2015 Comparable Sales Results

Gap Inc.s comparable sales for the second quarter of... More