Gap (GPS) call put ratio 1 call to 4.6 put into Q3 and revenue outlook

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Gap, Inc. (GPS) PT Raised to $32 at Cowen; Reiterates Market Perform

November 20, 2017 4:26 PM EST

Cowen raised its price target on Gap, Inc. (NYSE: GPS) to $32.00 (from $25.00) while maintaining a Market Perform rating. Management noted traffic at Gap stores was ahead of the industry most weeks, while AURs were also healthy. GPS credits improved traffic performance to high returns on... More