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The Gap Just Lost A Key Executive, But Shouldn't Rattle Investors

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Gap, Inc. The NYSE:GPS, Ralph Lauren Corporation NYSE:RL - The Gap Just Lost A Key Executive, But Shouldn't Rattle Investors
  • Roxanne Meyer of MKM Partners has reiterated a Buy rating on the company, with a price target of $40.
  • Although the departure of the President of Old Navy is likely to affect the company’s near to medium term performance, the stock is unlikely to be significantly impacted.

The company had announced after market close on September 29 that the Global President of...


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