Friday 1 June 2012

Sell Short: Gilead Science Inc. and Gap Inc.

A Sell Short signal has been received from the technical indicators on Gilead Science Inc. and Gap Inc. . While most analysts believe Gap Inc. is a “buy”, analysts at Canaccord Genuity recently reiterated a “sell” rating on the shares.

Full article - A number of other analysts have also recently weighed in on GPS. Analysts at Lazard Capital upgraded shares of The Gap from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, May 22nd. Separately, analysts at JPMorgan Chase (NYSE: JPM) cut their price target on shares of The Gap from $30.00 to $28.00 in a research note to investors on Monday, May 21st. Finally, analysts at Canaccord Genuity reiterated a “sell” rating on shares of The Gap in a research note to investors on Friday, May 18th.

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