As previously reported, Seaport Research analyst Mitch Kummetz upgraded Genesco (GCO) to Buy from Neutral with a $38 price target The firm ultimately believes Genesco will be judged by Journeys’ ability to “comp the comp” and contends that it appears that is happening.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GCO: