Genesco Reports Fourth Quarter Fiscal 2018 Results

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Pivotal Research Downgrades Genesco (GCO) to Hold (Earlier)

March 15, 2018 3:30 PM EDT

Pivotal Research downgraded Genesco (NYSE: GCO) from Buy to Hold with a price target of $41.00 (from $46.00).

Analyst Mitch Kummetz cited the disappointing FY19 outlook. He said while GCOs tax rate is coming down nearly as much as they had anticipated, the... More