Goldman Sachs Adjusts Price Target on Gap to $18 From $13, Maintains Buy Rating

The Gap, Inc. is a specialty apparel company. The Company is engaged in offering clothing, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, and Athleta brands. Its operating segments include Old Navy Global, Gap Global, Banana Republic Global, and Athleta Global. It is an omni-channel retailer, with sales to customers both in stores and online, through Company-operated and franchise stores, Company-owned websites, and third-party arrangements. The Company designs, develops, markets, and sells a range of apparel, footwear and accessories products. The Company operates stores in the United States, Canada, Japan, China, and Taiwan. In addition to operating on the specialty, outlet, online, and franchise channels, the Company also uses its various omni-channel services, including curbside pick-up, buy online pick-up in store, order-in-store, find-in-store, and ship-from-store, as well as enhanced mobile-enabled experiences.