Wedbush Morgan Upgrades Steven Madden, Ltd. (SHOO) to Buy

July 17, 2008 12:40 PM EDT

Wedbush Morgan upgrades Steven Madden, Ltd. (Nasdaq: SHOO) from Hold to Buy and raises their price target from $19 to $24. The firm said better trends and products should drive business.

Steven Madden, Ltd., together with its subsidiaries, designs, sources, markets, and retails fashion-forward footwear for women, men, and children.


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