Piper Jaffray Cuts Price Target on Gap, Inc. (GPS) Following September Comparable-Sales Results

FBR Capital Cuts Price target on Gap, Inc. (GPS) to $28 Following GM Pressures

FBR Capital maintained a Market Perform rating on Gap, Inc. (NYSE: GPS), and cut the price target to $28.00 (from $35.00), following GM pressures. GPS reported September SSS of 1%, versus consensus of 1.6%, and flat LY. Given GM pressure in 3Q, it is likely that GPS reduces annual EPS guidance when it releases 3Q earnings.

Analyst Susan Anderson commented, "GPS reported September SSS of... More

Stifel Trims Ests on Gap (GPS) Following Weaker-than-Expected Sept. Sales Results

Stifel affirms its Buy rating and $40 price target on retailer Gap, Inc. (NYSE: GPS) following sales results for September.

Analyst Richard Jaffe noted... More

UPDATE: MKM Partners Downgrades Gap (GPS) to Neutral

(Updated - October 9, 2015 11:31 AM EDT)

MKM Partners downgraded Gap, Inc. (NYSE: GPS) from Buy to Neutral with a price target of $29.00 (from $40.00). Analyst Roxanne Meyer said September's comp miss at Old Navy was likely more than just weather, and in her view the company has a challenging set-up into the holidays.

"Despite Stefan Larssons departure... More

After Hours Stocks Movers 10/08: (HELE) (ASNA) Higher; (LDRH) (RT) (GPS) (more...)

LDR Holding Corporation (NASDAQ: LDRH) 17% LOWER; announced preliminary estimated revenue results for the third quarter ended September 30, 2015. For the third quarter ended September 30, 2015, the company expects to report: Total revenue of approximately $39.3 million, an increase of 9.5% over the third quarter of 2014, or an increase of 14.2% on a constant currency basis. (Street saw Q3 revenue of $40.21 million).

Ruby Tuesday (NYSE: RT) 7.8% LOWER; reported... More

Gap, Inc. (GPS) Sept. Comps Fell 1%

Gap, Inc. (NYSE: GPS) reported that net sales for the five-week period ended October 3, 2015 decreased 1 percent to $1.46 billion compared with net sales of $1.48 billion for the five-week period ended October 4, 2014.

On a constant currency basis, September 2015 net sales increased 2 percent compared with last year. In calculating the net sales change on a constant currency basis,... More

Uniqlo to rein in U.S. store openings after missing profit guidance

By Chris Gallagher and Christopher Cushing

TOKYO (Reuters) - Japanese clothing firm Fast Retailing Co said on Thursday it would open fewer U.S. stores for its core Uniqlo brand this year after a rapid expansion failed to entice customers, leading to a lower-than-forecast annual profit.

Fast Retailing, which is seeking to overtake Zara-owner Inditex and H&M as the world's biggest fashion retailer, said it would only open five... More

Citi Starts Gap, Inc. (GPS) at Neutral

Citi initiated coverage on Gap, Inc. (NYSE: GPS) with a Neutral rating and a price target of $30.00.

For an analyst ratings summary and ratings history on Gap, Inc. click here. For more ratings news on Gap, Inc. click here.

Shares of Gap, Inc. closed at $28.44 yesterday.