Gap, Inc. (GPS) puts active into Q3, November 31 straddle priced for movement of 9%
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Jefferies Raises Price Target on Gap, Inc. (GPS) to $36 Following 3Q Report
November 18, 2016 9:00 AM ESTJefferies reiterated a Buy rating on Gap, Inc. (NYSE: GPS), and raised the price target to $36.00 (from $32.00), following the company's 3Q earnings report. Management reiterated its FY'17 EPS guidance of $1.87-$1.92, implying 4Q EPS of $0.35-$0.40 (vs. consensus of $0.50).
Analyst Randal Konik... More
FBR Capital Raises Price Target on Gap, Inc. (GPS) to $28 Following Better Than Expected 3Q
November 18, 2016 7:34 AM ESTFBR Capital reiterated a Market Perform rating on Gap, Inc. (NYSE: GPS), and raised the price target to $28.00 (from $22.00), following the company's 3Q earnings report. GPS reported EPS of $0.60, in line with the Street's estimate. Total revenue growth was 2%. Management maintained the previously guided 2016 EPS of $1.87$1.92 (versus consensus of $2.12) and noted that the international... More
