Gap, Inc. (GPS) Reports 3% Drop in Comps for August 2016

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Go back to Gap, Inc. (GPS) Reports 3% Drop in Comps for August 2016

Stifel Sees Challenges at Gap (GPS) Continuing Amid Light August Comps; Affirms at 'Hold'

September 2, 2016 8:07 AM EDT

Stifel affirms Gap, Inc. (NYS: GPS) with a Hold rating and $25 price target following August 2016 retail sales results, as issued on Thursday night.

With today's report, analyst Richard Jaffe commented, We anticipate continued challenges in the near term at both the Gap and Banana divisions, despite... More