Hyatt Hotel Upgrade, The Gap Initiation, OshKosh Revised Down

Today's Analysts' Actions includes The Gap (GPS).
Author:
Publish date:

Today's Analysts' Actions includes The Gap (GPS). The specialty clothing retailer is now being covered at Credit Suisse (CS) with a 'Neutral' rating. The price target is set at $44 per share. Credit Suisse analysts say their rating is due to "concern the company is investing more in future growth which could limit near-term earnings." OshKosh (OSK) was downgraded to a 'Neutral' rating at JPMorgan (JPM). The price target was also lowered to $49 per share from $57. Hyatt Hotels (H) was upgraded to a 'Buy' at Stifel Nicolaus on a valuation call. The firm is maintaining its $67 price target for the stock.