Sterne Agee lifts its price target on Genesco (GCO +5.2%), as the firm says it has learned from...

|About: Genesco Inc. (GCO)|By:, SA News Editor

Sterne Agee lifts its price target on Genesco (GCO +5.2%), as the firm says it has learned from industry sources that the seller of hats and footwear will begin shuttering its Underground Station street fashion concept, which has been a drag on profitability.