BofA/Merrill Downgrades GPS To Neutral

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Analysts at BofA/Merrill downgrade Gap Inc
GPS
from “buy” to “neutral.” The target price for GPS is set to $23. GPS shares gained 1.08% to close at $22.47 on Friday.
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Posted In: DowngradesAnalyst RatingsApparel RetailBofa/MerrillConsumer Discretionary
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