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J.P. Morgan Reports The Gap Comps Remain At The Bottom Of The Pecking Order
Friday, March 4, 2011 - 10:43am | 294In a report published by J.P. Morgan, The Gap's (NYSE: GPS) comps remain at the bottom of the pecking order despite new management. J.P. Morgan said that rising consumer confidence, pent-up demand from the January snowstorms and more favorable weather helped drive upside to most retailers in...
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UPDATE: Deutsche Bank Raises PT on The Gap to $19 (GPS)
Friday, February 25, 2011 - 10:40am | 141Deutsche Bank is out with its report on The Gap (NYSE: GPS), raising its price target from $17.50 to $19. In a note to clients, Deutsche Bank writes, "In our view, the key takeaway for Gap Inc. continues to be an over-reliance on buybacks to drive EPS. In 4Q, buybacks accounted for 79% of EPS...
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Deutsche Bank Raises PT On The Gap To $19
Friday, February 25, 2011 - 8:58am | 28Deutsche Bank has raised the price target on The Gap, Inc. (NYSE: GPS) from $17.50 to $19 and maintains its Sell rating.
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Jefferies Reiterates Hold Rating on The Gap
Friday, November 19, 2010 - 11:41am | 65Jefferies published its company update on The Gap (NYSE: GPS) maintaining its Hold rating. In a note to clients, Jefferies writes, "With tougher margin compares, increasing promotions likely, and rising cost pressures such as sourcing, we see down margins next year. Lower margins coupled with...
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Buy Rating Reiterated For The Gap
Monday, October 11, 2010 - 11:36am | 28Caris & Company has raised the price target for The Gap Inc. (NYSE: GPS) from $27 to $30 and reiterates its Buy rating.
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Time To Buy American Eagle Outfitters (AEO)?
Friday, April 9, 2010 - 2:47am | 179American Eagle Outfitters (AEO) reported good news on Thursday. Same store sales were up 15 percent for the month of March. This was well better than analyst expectations of a 10.8% rise in comps. Total sales surged 11 percent and net sales rose 15 percent. So, how did shares of American Eagle...
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FBR Capital Markets Maintains The Gap (GPS) Outperform Rating
Monday, February 22, 2010 - 9:37am | 161FBR Capital Markets analysts Adrienne Tennant and Simeon Siegel maintained their Outperform rating for shares of The Gap, Inc. (NYSE: GPS), with a price target of $24. The analysts believe that when The Gap releases its earnings report on 25 February, that earnings will be 51 cents per share, on...