Gap Inc. Reports March Sales Results

Go back to Gap Inc. Reports March Sales Results

Stifel Affirms Gap (GPS) at 'Buy'; Lackluster Sring Merchandise Assortment Hampers March Sales

April 8, 2016 6:17 AM EDT

Stifel affirms its Buy rating and $35 price target on Gap (NYSE: GPS) after the company reported March sales results on Thursday night.

Analyst Richard Jaffe noted Comp sales decreased 6% in March, below our estimate and consensus. Sales in the first several weeks... More