Standpoint Downgrades The Gap From Buy To Hold (GPS)

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.