Gap, Inc. (GPS) Comps Fell 4% in July 2016; Guides Q2 Adj-EPS Above Views
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Piper Jaffray Raises Price Target on Gap, Inc. (GPS) to $23 Following July Sales Release
August 9, 2016 7:03 AM EDTPiper Jaffray maintained an Underweight rating on Gap, Inc. (NYSE: GPS), and raised the price target to $23.00 (from $21.00), following the company's July sales release. Management expects 2Q adjusted EPS of $0.58-$0.59.
Analyst Neely Tamminga commented, "We are updating our model to reflect... More
Mizuho Securities Upgrades Gap, Inc. (GPS) to Neutral
August 9, 2016 6:26 AM EDTMizuho Securities upgraded Gap, Inc. (NYSE: GPS) from Underperform to Neutral with a price target of $24.00 (from $17.00).
Analyst Betty Chen commented, "We are upgrading shares of GPS to Neutral from Underperform and raising estimates and PT to $24 (from $17) as we expect: 1) easy 4Q compares; 2) favorable... More
