Sterne Agee Downgrades Gap, Inc. (GPS) to Neutral
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Gap, Inc. (GPS) Buy Rating Maintained at Topeka Capital
October 13, 2014 1:11 PM EDTTopeka Capital maintained a Buy rating on Gap, Inc. (NYSE: GPS) with a price target of $53. Analyst Dorothy S. Lakner views recent declines as overdone.
"GPS shares are down sharply following the announcement of a CEO transition along with weaker than expected... More
Wells Fargo Downgrades Gap, Inc. (GPS) to Market Perform
October 9, 2014 6:56 AM EDTWells Fargo downgraded Gap, Inc. (NYSE: GPS) from Outperform to Market Perform with a price target of $36-$40 ($46-$50). The change follows news CEO Glenn Murphy is stepping down.
For an analyst ratings summary and ratings history on Gap, Inc.... More
Janney Downgrades Gap, Inc. (GPS) to Neutral
October 9, 2014 6:35 AM EDTJanney downgraded Gap, Inc. (NYSE: GPS) from Buy to Neutral with a price target of $41.00 (from $50.00).
Analyst Adrienne Yih-Tennant comments, "We are downgrading shares of GPS to Neutral from Buy based on: 1) below-plan performance at Gap brand, 2) persistent negative comps and margin pressure... More
The Gap (GPS) Reports Flat Comps in Sept.
October 8, 2014 4:01 PM EDTThe Gap (NYSE: GPS) reported that September 2014 net sales were up 1 percent compared with last year. Net sales for the five-week period ended October 4, 2014 were $1.48 billion compared with net sales of $1.46 billion for the five-week period ended October 5, 2013.
September proved to be more challenging than we expected, said Glenn Murphy, chairman and chief... More
