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Fly News Breaks for February 3, 2020
GPS
Feb 3, 2020 | 16:43 EDT
BMO Capital analyst Simeon Siegel initiated coverage of Gap with a Market Perform rating and $18 price target. The analyst notes that the company's strongest business - Old Navy - may have just hit a revenue ceiling, and with its spin-off called off, the management resumes the challenge of operating "a collection of varying brands with a vast store fleet." Siegel warns that Gap revenue will continue to shrink due to external pressures, while its earnings-driving stock buybacks may slow as its net cash levels are reduced.
News For GPS From the Last 2 Days
GPS
Jul 22, 2021 | 09:40 EDT
Unusual total active option classes on open include: India Globalization Capital (IGC), Vaxart (VXRT), NVIDIA (NVDA), Etsy (ETSY), American Airlines (AAL), Gap (GPS), Activision Blizzard (ATVI), Clover Health (CLOV), CVS Health (CVS), and Intel (INTC).