Analysts Have Conflicting Sentiments on These Services Companies: Genesco Inc (NYSE: GCO) and Buffalo Wild Wings (NASDAQ: BWLD)

By Ryan Adsit

Analysts have been eager to weigh in on the Services sector with new ratings on Genesco Inc (NYSE: GCO) and Buffalo Wild Wings (NASDAQ: BWLD).

Genesco Inc (NYSE: GCO)

Susquehanna analyst Sam Poser reiterated a Buy rating on Genesco Inc (NYSE: GCO) today and set a price target of $43. The company’s shares closed last Friday at $36.75, close to its 52-week low of $33.55.

According to TipRanks.com, Poser is a 5-star analyst with an average return of 8.3% and a 56.6% success rate. Poser covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, Deckers Outdoor, and Foot Locker Inc.

Currently, the analyst consensus on Genesco Inc is Strong Buy and the average price target is $55.33, representing a 50.6% upside.

In a report issued on May 22, B. Riley also upgraded the stock to Buy with a $56 price target.
Buffalo Wild Wings (NASDAQ: BWLD)

Wedbush analyst Nick Setyan downgraded Buffalo Wild Wings (NASDAQ: BWLD) to Sell today. The company’s shares closed last Friday at $151.

According to TipRanks.com, Setyan is a 4-star analyst with an average return of 7.4% and a 61.5% success rate. Setyan covers the Services sector, focusing on stocks such as Popeyes Louisiana Kitchen, Abercrombie Fitch, and Habit Restaurants.

Buffalo Wild Wings has an analyst consensus of Hold, with a price target consensus of $159.55.

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