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.
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