Steve Madden (SHOO) Tops Q3 EPS by 5c, Updates Guidance

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Steven Madden (SHOO) PT Raised to $58 at Jefferies

November 4, 2021 8:11 AM EDT

Jefferies analyst Janine Stichter raised the price target on Steven Madden (NASDAQ: SHOO) to $58.00 (from $55.00) while maintaining a Buy rating.

The analyst commented, "SHOO delivered a quality beat and raise, with strong underlying momentum and top-line accelerating into 4Q. Supply chain... More