SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Gap
GPS 23.25-1.9%Oct 30 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: spitsong who wrote (186)2/28/2003 4:16:34 PM
From: Jack Hartmann   of 189
 
B of A downgrades Gap
Rating on GPS lowered from Buy to Neutral, with a $16 price target. Margins are shrinking because of higher expense, even though the company is seeing better sales momentum. Analyst now expects Gap to earn $0.74 this year.

Gap estimate raised at Merrill
Merrill Lynch said it now expects GPS to earn $0.80 a share in 2003. Comp sales momentum should carry into the current quarter. Buy rating and $20 price target.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext