Citi Downgrades Gap, Inc. (GPS) to Sell

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Go back to Citi Downgrades Gap, Inc. (GPS) to Sell

Jefferies Raises Price Target on Gap, Inc. (GPS) to $36 Following 3Q Report

November 18, 2016 9:00 AM EST

Jefferies reiterated a Buy rating on Gap, Inc. (NYSE: GPS), and raised the price target to $36.00 (from $32.00), following the company's 3Q earnings report. Management reiterated its FY'17 EPS guidance of $1.87-$1.92, implying 4Q EPS of $0.35-$0.40 (vs. consensus of $0.50).

Analyst Randal Konik... More

Gap (GPS) PT Lifted to $23 at UBS, Remains 'Sell' Rated

November 18, 2016 8:10 AM EST

UBS analyst Michael Binetti lifted his price target on Gap, Inc. (NYSE: GPS) to $23.00 (from $16.00) but maintained a Sell rating, saying while EPS was in-line November is off to s slow start.

Binetti "We're trimming our 4QE EPS to $0.43 from $0.45. Like... More

FBR Capital Raises Price Target on Gap, Inc. (GPS) to $28 Following Better Than Expected 3Q

November 18, 2016 7:34 AM EST

FBR Capital reiterated a Market Perform rating on Gap, Inc. (NYSE: GPS), and raised the price target to $28.00 (from $22.00), following the company's 3Q earnings report. GPS reported EPS of $0.60, in line with the Street's estimate. Total revenue growth was 2%. Management maintained the previously guided 2016 EPS of $1.87$1.92 (versus consensus of $2.12) and noted that the international... More

Gap, Inc. (GPS) Reports In-Line Q3 EPS

November 17, 2016 4:17 PM EST

Gap, Inc. (NYSE: GPS) reported Q3 EPS of $0.60, in-line with the analyst estimate of $0.60. Revenue for the quarter came in at $3.8 billion versus the consensus estimate of $3.74 billion.

Gap Inc.s comparable sales for the third quarter of fiscal year 2016 were down 3 percent,... More