Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

JP Morgan Downgrades Gap Shares Citing Expected Holiday Struggles

This year’s holiday season may not be as robust for Gap Inc., according to Wall Street predictions, with J.P. Morgan on Thursday downgrading the retailer, citing operational issues and inventory imbalances, among other expected challenges. In a note to clients on Wednesday, J.P. Morgan chief analyst Matthew Boss downgraded Gap Inc. shares from neutral to underweight, anticipating…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!