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  

Genesco isn’t skating by

By Geert De Lombaerde Posted on September 2, 2009 at 9:17 am

Robert W. Baird analyst Mitch Kummetz says Genesco is performing well, but that the economy won’t allow it to post earnings growth in the current quarter. Shares of the Nashville-based retailer (Ticker: GCO) are up 23 percent this year.

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Tags: earnings estimates, Genesco Inc., Mitch Kummetz, retail, Robert W. Baird & Co.