J.P. Morgan Comments On Domestic and International Presence Of The Gap (GPS)

In a recent report, J.P. Morgan comments on domestic decline and international growth of The Gap GPS and how GPS compares to companies with a more mature global presence. In the report, J.P. Morgan said, "The stock's valuation appears to reflect a domestic business losing market share with no hope of being viewed by investors as a global retailer such as H&M, Fast Retail, or Inditex." The Gap closed yesterday at $22.95.