Gap (GPS) August volatility increases into Q2 and outlook

Credit Suisse Raises price Target on Gap, Inc. (GPS) to $22 Following 2Q Report

Credit Suisse maintained an Underperform rating on Gap, Inc. (NYSE: GPS), and raised the price target to $22.00 (from $21.00), following the company's 2Q earnings report.

Analyst C. Buss commented, "We are adjusting estimates following 2Q results given 1) volatile demand trends across all 3 concepts on a... More

FBR Capital Reiterates Market Perform on Gap, Inc. (GPS) Following 2Q Beat

FBR Capital reiterated a Market Perform rating and $22.00 price target on Gap, Inc. (NYSE: GPS) following the company's 2Q earnings report. The company reported EPS of $0.60, ahead of the consensus estimates $0.58, slightly above the $0.58$0.59 EPS guidance. Management guided 2016 EPS to $1.87$1.92, in line with what management had indicated as achievable,... More

Jefferies Raises Price Target on Gap, Inc. (GPS) to $30; Reiterates Buy

Jefferies reiterated a Buy rating on Gap, Inc. (NYSE: GPS), and raised the price target to $30.00 (from $26.00), following the company's 2Q earnings report. Management guided FY'17 EPS to $1.87-$1.92 (versus the Street of $1.95). Despite the recent improvement in topline trends, management noted that the outlook... More

Cowen Reiterates Market Perform on Gap, Inc. (GPS) Flowing 2Q Report

Cowen reiterated a Market Perform rating and $25.00 price target on Gap, Inc. (NYSE: GPS) following the company's 2Q earnings report. GPS reported adjusted EPS of $0.60 vs. the Street at $0.59 and management's guidance of $0.58-$0.59. Management updated their FY16 EPS guide and is... More

Gap, Inc. (GPS) Tops Q2 EPS by 1c; Guides FY16 EPS Below Views

Gap, Inc. (NYSE: GPS) reported Q2 EPS of $0.60, $0.01 better than the analyst estimate of $0.59. Revenue for the quarter came in at $3.85 billion versus the consensus estimate of $3.79 billion.

Second Quarter 2016 Comparable Sales Results

Gap Inc.s comparable sales for the second quarter... More