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Genesco Inc. (GCO) [hlAlert]

Rating:
Neutral GCO
up 17.62 %

Genesco Inc. (GCO) downgraded to Neutral by Piper Jaffray

Posted on: Monday,  Dec 2, 2013  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Neutral Genesco Inc. (NYSE: GCO) on 12/02/2013. Previously Piper Jaffray rated Overweight Genesco Inc. (NYSE: GCO) on 03/13/2013.,
when the stock price was $61.60. Since then, Genesco Inc. has gained 17.63% as of 12/02/2013's recent price of $72.46.
If you would have followed the previous Piper Jaffray's recommendation on GCO, you would have gained 17.62% of your investment in 264 days.

Genesco is a leading retailer and wholesaler of branded footwear. The company operates two segments: Specialty Retail Footwear and Branded Footwear. The company's owned and licensed footwear brands, sold through both wholesale and retail channels of distribution, include Johnston & Murphy, Dockers Footwear and Nautica Footwear. The company alsooperates the Volunteer Leather Company, a leather tanning and finishing business.

At Piper Jaffray, we understand there’s no substitute for relevant and timely research. That's why we provide: * fundamental and technical research * value-added investment ideas * market analysis With the information our research team provides, you’ll make better and more informed decisions for your portfolio.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/2/2013 8:25 AM Hold
None
72.46
as of 12/13/2013
1 Week   
1 Month up  2.99 %
3 Months up  15.56 %
1 YTD up  17.62 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/13/2013 8:25 AM Buy
None
61.60
10/10/2012 8:25 AM Hold
None
60.25
5/6/2009 8:25 AM Buy
None
23.93 30.00

(*) Stock Price at the time of the recommendation.
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