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Enter Symbol:
Rating: GCO

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

Wednesday,  Jan 27, 2016  10:25 AM ET by Lynn Gilbert

BB&T Capital Mkts downgraded Genesco Inc. (NYSE: GCO) to Hold. Previously, BB&T
Capital Mkts rated Genesco Inc. (NYSE: GCO) to Buy with price target $68 on 11/05/2012, when the stock price was valued at $57.67.

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.

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