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Fly News Breaks for January 21, 2020
GCO
Jan 21, 2020 | 08:56 EDT
CL King analyst Steven Marotta upgraded Genesco to Buy from Neutral with a $53 price target. Genesco pre-announced slightly better than expected sales results and guided above the midpoint of the previous non-GAAP EPS guidance range, noted Marotta, who sees the risk of another "seismic shift in fashion, such as occurred in early 2016, as exceedingly low."
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