Gap, Inc. (GPS) Nov. Comps Fell More than Expected
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Mizuho Securities Adjusts Estimates Following Gap, Inc. (GPS) Comp Miss
December 2, 2016 7:46 AM ESTMizuho Securities maintained a Neutral rating on Gap, Inc. (NYSE: GPS), and cut the price target to $27.00 (from $28.00), following a slight November comp miss. The company reported comps of (1)%, below the Streets +0.4% estimate. Total sales declined (2.5)% to $1.53bn. Mizuho trimmed 4Q EPS estimates to $0.48... More
