Truist Financial Keeps Their Hold Rating on Genesco (GCO)
In a report released today, Joseph Civello from Truist Financial maintained a Hold rating on Genesco, with a price target of $27.00.
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Civello covers the Consumer Cyclical sector, focusing on stocks such as Dick’s Sporting Goods, Amer Sports, Inc., and Aritzia. According to TipRanks, Civello has an average return of -10.5% and a 29.87% success rate on recommended stocks.
In a report released yesterday, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $37.00 price target.
Based on Genesco’s latest earnings release for the quarter ending August 2, the company reported a quarterly revenue of $545.97 million and a GAAP net loss of $18.47 million. In comparison, last year the company earned a revenue of $525.19 million and had a GAAP net loss of $9.99 million
Read More on GCO:
Disclaimer & DisclosureReport an Issue
- Genesco Inc. Reports Steady Growth in Q3 Earnings
- Genesco’s Earnings Call: Mixed Sentiments and Strategic Moves
- Genesco’s Mixed Performance: Balancing Growth and Margin Pressures Leads to Hold Rating
- Genesco price target lowered to $26 from $29 at Jefferies
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