Genesco (GCO) Misses Q4 EPS by 2c; Guides FY17 EPS, Sales Growth

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Go back to Genesco (GCO) Misses Q4 EPS by 2c; Guides FY17 EPS, Sales Growth

Jefferies Raises Price Target on Genesco (GCO) Following Inventory Correction

March 14, 2016 8:40 AM EDT

Jefferies reiterated a Hold rating on Genesco (NYSE: GCO), and raised the price target to $65.00 (from $63.00), following a year of inventory correction. Although it cost a little more than expected in 4Q EPS and GM, management more than cleared the divisions inventory glut, ending... More