Gap, Inc. (GPS) Posts Q2 GAAP EPS of 74c; Boosts FY14 EPS Outlook
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Janney Capital Upgrades Gap, Inc. (GPS) to Buy
August 22, 2014 6:33 AM EDTJanney Capital upgraded Gap, Inc. (NYSE: GPS) from Neutral to Buy and raises their fair value target to $51.00 (from $43.00).
Analyst Adrienne Tennant cited: 1) our overall improving view of the Softlines sector predicated on sector inventory reduction, 2) potential for Gross Margin Return on Inventory Investment... More
