A second-day pop for Genesco
By Geert De Lombaerde Posted on May 29, 2009 at 2:37 pm
After the shoe and hat retailer reported strong results yesterday, the stock (Ticker: GCO) did next to nothing. It took an upgrade from Sterne Agee, which raised its view from ‘neutral’ to ‘buy,’ to lift the shares.
Tags: analyst actions, Genesco Inc., retail, Sterne Agee & Leach Inc., stock valuation
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