Gap (GPS) Reports August Comps Declined 2%
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Goldman Sachs Comments on Gap's (GPS) Disappointing August Comps; Analyst Expects Pressure on Shares
September 5, 2014 8:26 AM EDTGoldman Sachs maintained a Neutral rating on Gap, Inc. (NYSE: GPS) with a price target of $44. Comments follow data on August comps, which showed a 2% decline. In the view of analyst Lindsay Drucker Mann, shares will be pressured today.
"We expect... More
Buckingham Research Downgrades Gap, Inc. (GPS) to Neutral
September 5, 2014 7:54 AM EDTBuckingham Research downgraded Gap, Inc. (NYSE: GPS) from Buy to Neutral with a price target of $46.00 (from $53.00).
For an analyst ratings summary and ratings history on Gap, Inc. click here. For more ratings news on Gap, Inc. click here.
Shares of Gap, Inc. closed at $46.59 yesterday.
... MoreStifel Affirms Gap (GPS) at 'Buy' Following August Comps; Continues to Expect Outperformance this Fall
September 4, 2014 5:27 PM EDTStifel Nicolaus affirms Gap, Inc. (NYSE: GPS) at Buy with a price target of $48 following August comparable-store sales numbers.
Analyst Richard Jaffe offered some quick commentary: Comp store sales decreased 2% in August, below our estimate and consensus of +2%. Performance was... More
