Steven Madden price target raised to $50 from $45 at Telsey Advisory

Telsey Advisory analyst Dana Telsey raised the firm’s price target on Steven Madden (SHOO) to $50 from $45 and keeps an Outperform rating on the shares. Telsey is providing its outlook and top picks for 2026, the analyst tells investors. The firm names Steven Madden as one of its top picks in Apparel and Footwear, viewing the company as bringing trend-right products to the market quickly. The firm sees Steven Madden as well position to benefit from a cyclical improvement in the fashion sector and believes its supply chain has been meaningfully diversified.