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Genesco Inc. (GCO) [hlAlert]

Rating:
Hold GCO
up 9.98 %

Genesco Inc. (GCO) downgraded to Hold by BB&T Capital Mkts

Posted on: Wednesday,  Jan 27, 2016  10:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Hold Genesco Inc. (NYSE: GCO) on 01/27/2016. Previously BB&T Capital Mkts rated Buy Genesco Inc. (NYSE: GCO) on
11/05/2012., when the stock price was $57.67. Since then, Genesco Inc. has gained 9.99% as of 01/27/2016's recent price of $63.43.
If you would have followed the previous BB&T Capital Mkts's recommendation on GCO, you would have gained 9.98% of your investment in 1178 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.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/27/2016 10:25 AM Hold
None
63.43
as of 8/27/2015
1 Week down  -0.92 %
1 Month down  -9.38 %
3 Months down  -10.03 %
1 YTD down  -16.71 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/5/2012 10:25 AM Buy
None
57.67 68.00
7/13/2010 10:25 AM Hold
None
27.08

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