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Fly News Breaks for January 9, 2018
GCO
Jan 9, 2018 | 08:37 EDT
SunTrust analyst Pamela Quintiliano raised her price target on Genesco to $39 after her meeting with the management suggested that the company has the ability to preserve momentum in its Journeys business and improve operations at Lids. The analyst says Journeys is "in the early stages of a multi-quarter broad based athletic cycle", and Lids' 2018 will be better after the business was impacted by several one-time factors last year. Quintiliano keeps her Buy rating on Genesco.
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