Gap (GPS) Nov. Comps Beat but Margin Doubts Linger

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Go back to Gap (GPS) Nov. Comps Beat but Margin Doubts Linger

Jefferies Downgrades Gap, Inc. (GPS) to Hold

December 6, 2013 6:47 AM EST

Jefferies downgraded Gap, Inc. (NYSE: GPS) from Buy to Hold with a price target of $41.00 (from $51.00), saying after a good run things are now cooling off.

"GPS has been one of our favorite names since mid-2011, as structural changes made over the last 2... More