Go, Genesco, go

By Geert De Lombaerde Posted on November 6, 2009 at 11:56 am

Robert W. Baird analyst Mitch Kummetz has raised his rating on the Nashville retailer to ‘outperform.’ Kummetz, who two months ago was quite sober about the company’s prospects, also has lifted his price target to $34 from $25. On a lackluster day for the market, Genesco shares (Ticker: GCO) are up more than 3 percent.

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Tags: analyst actions, Genesco Inc., Mitch Kummetz, retail, Robert W. Baird & Co., stock valuation  

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