Standpoint Research has downgraded shares of The Gap GPS from Buy to Hold today. The firm recommended the stock on August 19 when it fell below $18. Since the shares were upgraded, they have gained 25% and outperformed the S&P 500 by around 10%.
During today's trading session, GPS has lost 1.07% to $22.22. The stock is currently trading at 1X Sales and 12.4X trailing twelve months earnings and 11.6X next year's earnings.
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