Steve Madden Announces Fourth Quarter and Full Year 2024 Results

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Steven Madden (SHOO) PT Lowered to $36 at Jefferies

February 26, 2025 4:03 PM EST

Jefferies analyst Corey Tarlowe lowered the price target on Steven Madden (NASDAQ: SHOO) to $36.00 (from $46.00) while maintaining a Hold rating.

The analyst comments "SHOO reported 4Q top- and bottom-line beat but witnessed a soft GM. Additionally, despite SHOO's FY'25 sales guide calling for... More