UBS analyst Jay Sole lowered the firm’s price target on Steven Madden (SHOO) to $42 from $43 and keeps a Neutral rating on the shares. The firm sees a balanced upside/downside skew into the Q4 earnings report.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHOO:
- Steven Madden (SHOO) Q4 Earnings Cheat Sheet
- Steven Madden price target lowered to $42 from $43 at UBS
- Steven Madden: Core Brand Momentum, Kurt Geiger Synergies, and Discounted Risk Skew Support Buy Rating
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Midday Fly By: Alphabet, Qualcomm slip despite quarterly beats
