Steven Madden price target raised to $50 from $43 at BTIG

BTIG raised the firm’s price target on Steven Madden (SHOO) to $50 from $43 and keeps a Buy rating on the shares after meeting with its management team at FFANY Market Week. Steven Madden is at a critical inflection point, with tariff headwinds set to moderate, organic top-line accelerating as fashion tailwinds kick-in and tariff disruption abates, and Kurt Geiger set to become a more meaningful earnings contributor in FY26, the analyst tells investors in a research note. The accelerated momentum should allow Steven Madden to trade toward the upper end of its typical range and ahead of peers, the firm added.