UPDATE - Canaccord Genuity Initiates Coverage on Steven Madden (SHOO); A Step Ahead of Fashion
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Price: $46.08 +0.81%
Rating Summary:
15 Buy, 4 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
15 Buy, 4 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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UPDATE - Canaccord Genuity initiates coverage on Steven Madden (Nasdaq: SHOO) with a Buy. PT $47.
Canaccord analyst, Camilo Lyon, said, "We believe SHOO is leveraging its core competency of producing trend-right footwear and accessories at affordable prices that span all income categories, to drive consistent top- and bottom-line growth."
"Acquisitions are bolstering SHOO’s growth profile as the company continues
to add brands to its portfolio that touch all consumer income profiles via all
channels of distribution...International represents just 6% of sales with virtually no European exposure and is growing at 50%+."
To see more ratings on SHOO, Click Here
Canaccord analyst, Camilo Lyon, said, "We believe SHOO is leveraging its core competency of producing trend-right footwear and accessories at affordable prices that span all income categories, to drive consistent top- and bottom-line growth."
"Acquisitions are bolstering SHOO’s growth profile as the company continues
to add brands to its portfolio that touch all consumer income profiles via all
channels of distribution...International represents just 6% of sales with virtually no European exposure and is growing at 50%+."
To see more ratings on SHOO, Click Here
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