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Genesco (GCO) Tops Q2 EPS by 7c; Comps Show Surprise Drop; FY16 EPS Outlook Cut

Go back to Genesco (GCO) Tops Q2 EPS by 7c; Comps Show Surprise Drop; FY16 EPS Outlook Cut

Baird Downgrades Genesco (GCO) to Neutral

September 2, 2016 6:40 AM EDT

Baird downgraded Genesco (NYSE: GCO) from Outperform to Neutral with a price target of $53.00 (from $80.00).

For an analyst ratings summary and ratings history on Genesco click here. For more ratings news on Genesco click here.

Shares of Genesco closed at $48.79 yesterday.

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Journeys Underperformance Hampered Genesco (GCO) in Q2; Piper Affirms at 'Neutral'

September 1, 2016 7:55 AM EDT

Piper Jaffray reaffirms its Neutral rating and $62 price target on Genesco (NYSE: GCO) after the company posted Q2 results and lowered FY17 outlook.

Analyst Erinn Murphy commented today, While EPS was in line with our estimate at $0.34 (albeit ahead of the Street), sales... More