Truist Raises Genesco Inc. (GCO)’s Price Target by $2

From Yahoo Finance: 2025-06-05 17:07:00

Truist raises Genesco’s price target by $2 to $25, maintaining a Hold rating on the stock. Genesco reported strong first-quarter results, keeping its full-year profit per share target, despite potential tariff impacts. Uncertainty remains about customer responses to upcoming price increases and sourcing efficiency initiatives. Truist is optimistic about Journeys brand’s growth but cautious about macroeconomic conditions. No promotional or marketing of services mentioned in the article.



Read more at Yahoo Finance: Truist Raises Genesco Inc. (GCO)’s Price Target by $2