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

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

Wall Street slips, led by healthcare decline

November 18, 2016 7:37 AM EST

By Sinead Carew

NEW YORK (Reuters) - U.S. stocks ended lower on Friday, with healthcare stocks leading the declines, as investors cashed in on a post-election rally and waited for clarity on the next administration's policies.

Wall Street equities took a breather after rising dramatically since Donald Trump's surprise victory in the presidential election last week.

While the three major indexes closed higher for the second week in a row, the rally lost some steam this week as investors awaited more information to support their bets that Trump could succeed in passing proposals to lift... 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): Reiterating Market Perform Rating And PT - Cowen

November 18, 2016 7:31 AM EST

Cowen analyst, Oliver Chen, reiterated his Market Perform on shares of Gap, Inc. (NYSE: GPS) despite overall comps being negative since for 6 consecutive quarters. Why? Inventory control & merch. margins were brighter spots in 3Q and the company is focused on quality, driving scale advantages &... More

Citi Downgrades Gap, Inc. (GPS) to Sell

November 18, 2016 6:39 AM EST

Citi downgraded Gap, Inc. (NYSE: GPS) from Neutral to Sell with a price target of $25.00.

For an analyst ratings summary and ratings history on Gap, Inc. click here. For more ratings news on Gap, Inc. click here.

Shares of Gap, Inc. closed at $30.71 yesterday.

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After-Hours Stock Movers 11/17: (SYUT) (HRG) (MRVL) (CRM) Higher; (GPS) (WSM) (AMAT) Lower (more...)

November 17, 2016 6:21 PM EST

Today's After-Hours Movers

Synutra International, Inc. (Nasdaq: SYUT) 20% HIGHER; to be Acquired for $6.05/Share in 'Going Private' Transaction.

HRG Group, Inc. (NYSE: HRG) 11% HIGHER; announced that Omar Asali, President and Chief Executive Officer of HRG, plans to leave the Company in the second half of fiscal 2017 to establish a private investment vehicle that will make long-term investments in private and public companies. The Company also announced today that its Board of Directors has initiated a process to explore the strategic... 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

Gap, Inc. (GPS) puts active into Q3, November 31 straddle priced for movement of 9%

November 17, 2016 3:45 PM EST

Gap, Inc. (NYSE: GPS) November call option implied volatility of 126, December is at 40; compared to 52-week range of 30 to 53 into Q3.

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