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Fly News Breaks for July 10, 2018
GCO
Jul 10, 2018 | 07:03 EDT
Jefferies analyst Janine Stichter downgraded Genesco to Hold and lowered her price target for the shares to $43 from $48. The analyst sees "more limited" catalysts over the near term and added risk given some expectation for a Lids sale, which she feels is not a certainty. Further, a slowdown at Schuh may limit margin upside, Stichter tells investors in a research note.
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