Gap (GPS) volatility increases on call put ratio of 1 call to 7 put into Q2 and outlook

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Go back to Gap (GPS) volatility increases on call put ratio of 1 call to 7 put into Q2 and outlook

Baird Remains Sidelined on Gap, Inc. (GPS) Following 2Q

August 18, 2017 9:49 AM EDT

Baird reiterated a Neutral rating and $26.00 price target on Gap, Inc. (NYSE: GPS) following the company's 2Q earnings release. Gap reported EPS of $0.58, above consensus of ($0.52), on better-than-expected comps and gross margin.

Based on better-than-expected 1H results, management raised F2017 adjusted-EPS guidance to... More