Gap Inc. (GPS) September Comps Down 3% vs Up 1.8% Expected
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Gap (GPS) Price Target Lower to $42 at Goldman
October 11, 2013 8:35 AM EDTGoldman Sachs maintained a Buy rating on Gap, Inc. (NYSE: GPS) and cut its price target to $42.00 (from $48.00). The change follows disappointing September comps, down 3% vs Goldman's estimated of up 2%.
"GPS attributes the comp shortfall largely to weak traffic,... More
