Jefferies Raises Price Target on Gap, Inc. (GPS) to $30; Reiterates Buy

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Go back to Jefferies Raises Price Target on Gap, Inc. (GPS) to $30; Reiterates Buy

Gap Inc. Reports Second Quarter Results

August 18, 2016 4:15 PM EDT

Company Updates its Fiscal Year 2016 Outlook

SAN FRANCISCO--(BUSINESS WIRE)-- Gap Inc. (NYSE: GPS) today announced second quarter fiscal year 2016 diluted earnings per share were $0.31 on a reported basis. Excluding the impact associated with its previously announced restructuring plans, which was approximately $0.29, the companys adjusted diluted earnings per share, a non-GAAP financial measure, were $0.60 for the second quarter... More