Cramer has his four horsemen - GPS has its three tired brands in a weak economy. recent analyst upgrade because Old Navy same store sales fell only 3%? Raised his target to $21 on Old Navy! The madness continues.
Get your facts straight before you post:For May:"Old Navy North America: positive 1 percent versus negative 12 percent last year"
Old Navy North America same store sales down 3% - its in their own press release. Don't know what time period you're referring to but obviously not the most recent quarter.http://finance.yahoo.com/news/Gap-Inc-Reports-First-Quarter-bw-15320587.html?.v=1