Jefferies Reiterates Buy on Gap, Inc. (GPS) Following Sales Report

Gap (GPS) PT Raised to $27 at Wedbush

Wednush analyst Morry Brown reiterates Neutral rating and improves price target on Gap (NYSE: GPS) to $27 (from $26), noting the companys fourth quarter adjusted EPS guidance surpassed expectations, despite a miss from January sales figures.

Brown comments, "GPS topped consensus 4Q EPS... More

Gap, Inc. (GPS) PT Lowered to $22 at Citi

Citi lowered its price target on Gap, Inc. (NYSE: GPS) to $22.00 (from $24.00) while maintaining a Sell rating.

Analyst Paul Lejuez comments "GPS Jan comps +1% vs cons and our +2%, but EPS guidance was better than expected. Although cons was already looking for a... More

FBR & Co on Gap Inc (GPS): We're Staying On The Sidelines For Now

FBR Capital maintains Market Perform on Gap, Inc. (NYSE: GPS) price target of $28.00.

Analyst Susan Anderson comments "We are raising our 4Q16 EPS estimate as a result to $0.51 from $0.42 previously and versus consensus of $0.44. This also raises our 2016 EPS estimate to $2.02 from $1.93 and versus... More

Gap, Inc. (GPS) - Goldman Sachs Credit Team Fails To Sees Sustainable Turn Around

Goldman Sachs has a research team that compliments their equity research which is known as their Credit Analysis division. This slew of analysts review credit default paper, also referred to as Credit Default Swaps or CDS, and issues commentary and ratings on the paper's performance much like the equity... More

Gap, Inc. (GPS) PT Lowered to $25 at Mizuho Securities Following January Sales Update

Mizuho Securities lowered its price target on Gap, Inc. (NYSE: GPS) to $25.00 (from $27.00) while maintaining a Neutral rating.

Analyst Betty Chen comments "Although investors may be encouraged by the raised 4Q outlook, we note it is due to a lower tax rate and... More

After-Hours Stock Movers 02/06: (ALSN) (FN) (GPS) Higher; (FMC) (KN) (YRCW) Lower (more...)

Today's After-Hours Movers

Perceptron (NASDAQ: PRCP) 9.1% HIGHER; reported Q2 EPS of $0.27, $0.33 better than the analyst estimate of ($0.06), may not compare. Revenue for the quarter came in at $21.8 million versus the consensus estimate of $17.8 million.

Allison Transmission (NYSE: ALSN) 5.3% HIGHER; reported Q4 EPS of $0.36, $0.09 better than the analyst estimate of $0.27. Revenue for the quarter came in at $469 million versus the consensus estimate of $429.66 million. Expects 2017 net sales to be in the range of up 1.5 to 4.5 percent compared to 2016

Fabrinet (NYSE:... More

Gap, Inc.'s (GPS) Q4 EPS Guidance Tops Views, Jan. Comps Increase 1%

Gap (NYSE: GPS) today reported that net sales for the four-week period ended January 28, 2017 increased 2 percent to $828 million compared with net sales of $813 million for the four-week period ended January 30, 2016. For the fourth quarter of fiscal year 2016, Gap Inc.s net sales increased 1 percent to $4.43 billion compared with $4.39 billion for the fourth quarter last year.

Against a challenging retail backdrop, were pleased to report growth in our top-line and comp sales during the critical holiday quarter, said Art Peck, chief executive officer, Gap Inc. We remain focused on actions that will strengthen our... More

Gap, Inc. (GPS) PT Raised to $24 at Oppenheimer; Reiterates Perform Rating

Oppenheimer raised its price target on Gap, Inc. (NYSE: GPS) to $24.00 (from $20.00) while maintaining a Perform rating.

Analyst Anna Andreeva commented, "In the last two years alone, GPS shed $1B+ in sales, with sales productivity down 10% since '13 (given persistently negative comps). Multi-brand... More