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Fly News Breaks for May 24, 2016
GCO
May 24, 2016 | 06:43 EDT
Piper Jaffray analyst Erinn Murphy downgraded Genesco to Neutral ahead of the company's Q1 results citing sales concerns amid "wide-spread weakness in domestic traffic trends." Murphy believes Genesco's comps could disappoint and she lowered her price target for the shares to $61 from $70.
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