Steve Madden (SHOO) Tops Q2 EPS by 4c, provides guidance

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Steven Madden (SHOO) PT Lowered to $39 at Williams Trading

August 1, 2024 6:44 AM EDT

Williams Trading analyst Sam Poser lowered the price target on Steven Madden (NASDAQ: SHOO) to $39.00 (from $44.00) while maintaining a Hold rating.

The analyst comments "Lowering estimates, and PT from $44 to $39. We do not believe, given recent results, their components, and the outlook, warrants the current/historic multiple.... More