Morgan Stanley Sees Good Things Ahead for The Gap
In a report published Thursday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Equal-Weight rating on The Gap (NYSE: GPS).
In the report, Morgan Stanley noted, “GPS' investor day showcased solid operating progress and global growth opportunities. We think mgmt is taking appropriate steps to enhance margins and capitalize on intl expansion but look for consistent product execution. Remain E/W.”
The Gap closed on Wednesday at $39.00.
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