Uniqlo to rein in U.S. store openings after missing profit guidance
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FBR Capital Cuts Price target on Gap, Inc. (GPS) to $28 Following GM Pressures
October 9, 2015 8:48 AM EDTFBR Capital maintained a Market Perform rating on Gap, Inc. (NYSE: GPS), and cut the price target to $28.00 (from $35.00), following GM pressures. GPS reported September SSS of 1%, versus consensus of 1.6%, and flat LY. Given GM pressure in 3Q, it is likely that GPS reduces annual EPS guidance when it releases 3Q earnings.
Analyst Susan Anderson commented, "GPS reported September SSS of... More
Piper Jaffray Cuts Price Target on Gap, Inc. (GPS) Following September Comparable-Sales Results
October 9, 2015 7:46 AM EDTPiper Jaffray maintained an Underweight rating on Gap, Inc. (NYSE: GPS), and cut the price target to $26.00 (from $28.00), following September comparable-sales results. Inventory levels are in need of re-balancing in order to end the quarter in a cleaner position.
Analyst Neely Tamminga... More
