Notable Downgrades: Gap, Inc. (GPS), American Airlines (AAL), OvaScience (OVAS), Autodesk (ADSK), Barracuda Networks (CUDA)

Analysts at UBS downgraded The Gap, Inc. (GPS) from ‘Neutral’ to ‘Sell’ in a research report issued to clients on Wednesday. The target price for GPS is lowered from $40 to $25. On valuation measures, Gap Inc. stock it’s trading at a forward P/E multiple of 9.51x, and at a multiple of 10.74x this year’s […] View the full post at: Notable Downgrades: Gap, Inc. (GPS), American Airlines (AAL), OvaScience (OVAS), Autodesk (ADSK), Barracuda Networks (CUDA) Related posts: MetLife May Pay AIG $15B for American Life Unit The Stimulus and the Auto Bailout: The Perils of Confusing American Companies With American Jobs Global Airlines to Post Losses Exceeding $5 Billion this Year