Analyst action: Pinnacle, Genesco

Analysts at Zacks Investment Research have hiked their rating on shares of Pinnacle Financial Partners. They now rate the Nashville-based bank holding company a 'buy' instead of a 'hold' and see the shares climbing to $59 in the coming quarters. Pinnacle (Ticker: PNFP) ended last week at $53.10.

At Macquarie, Laurent Vasilescu and Stephanie Wakeham have begun covering shares of apparel retailer Genesco with a 'neutral' rating that balances the strong performance at the company's Journeys brand with the struggles of its Lids concept. Their target for Genesco (Ticker: GCO) is $69, about 10 percent higher than where the stock finished Friday's session.

Jul 27, 2015 8:41 AM

Piper Jaffray analyst says 'wait and see' on Genesco, trims target

Piper Jaffray analyst Erinn Murphy weighed in this week with some thoughts on Genesco's recent disappointing earnings report and the outlook for the retailer's shares. She says investors will need to be patient for a while and that this year's holiday shopping season will provide an important read on how Genesco CEO Bob Dennis and his team have done cleaning up the inventory at their Lids division. Without a near-term catalyst, Murphy has trimmed his EPS forecast and lowered her price target for Genesco to $67 from $69. The stock (Ticker: GCO) is changing hands this morning at $67.16.

Jun 12, 2015 10:14 AM

Analyst action: Genesco, Dollar General

Analyst Taposh Bari at Goldman Sachs has cut his rating on shares of Nashville-based Genesco to 'sell from 'neutral' after the company reported its first-quarter numbers. He sees the stock (Ticker: GCO), which was up about 1 percent to $67.33 Thursday afternoon, falling to $57 in the coming year.

Over at UBS, Michael Lasser says things are setting up for Dollar General to have a really good run in the coming quarters as its investments in labor and back-end operations begin to pay off. He has ticked his target for Dollar General (Ticker: DG) to $85 from $84. The stock is changing hands this afternoon at about $75.60.

Jun 4, 2015 2:27 PM

Jefferies trims Genesco target

Jefferies analyst Edward Plank has reiterated his 'hold' rating on shares of Genesco after the retailer's first-quarter earnings report. But Plank also his trimmed his price target for the Nashville-based seller of shoes and hats to $67 from $69. Genesco (Ticker: GCO) closed Monday's session at $65.27 and is down 15 percent so far this year.

Jun 2, 2015 8:41 AM

Genesco bumps pay of some Journeys workers

Retailer looks to trim turnover, boost conversions
Jun 1, 2015 7:27 AM

Genesco set to fall after guidance cut

More work needed on Lids division turnaround
May 29, 2015 7:39 AM

Baird cuts Genesco rating

Analysts at Robert W. Baird have taken their rating for Genesco down a notch to 'neutral' from 'outperform.' The firm now sees shares of the Nashville-based retailer of shoes and other apparel (Ticker: GCO) climbing to $76 from their current level of $71 and change. Year to date, the stock is off about 7 percent.

SEE ALSO: Genesco looks to fix Macy's growing pains

Apr 1, 2015 9:48 AM

Genesco, NY company ink license deal

First G.H. Bass products to hit stores next spring
Mar 27, 2015 7:45 AM

Genesco looks to fix Macy's growing pains

Team looking at location, staffing tweaks
Mar 24, 2015 1:35 PM

Big Q4 miss leads Genesco execs to focus on operations

Stock falls 8% after 'disappointing end to a disappointing year'
Mar 12, 2015 2:59 PM