Information Provided By:
Fly News Breaks for September 13, 2019
GPS
Sep 13, 2019 | 08:02 EDT
Gap's investor event highlighted its growth plans for Gap and Old Navy ahead of the spinoff, Jefferies analyst Randal Konik tells investors in a research note. He believes the spin will unlock value and continues to see Old Navy as the "crown jewel." The spin will allow the "light to shine brightly" on the high growth Athleta concept, says Konik. He views the brand's recent challenges as temporary and keeps a Buy rating on Gap shares with a $37 price target.
News For GPS From the Last 2 Days
GPS
GPS
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.