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Fly News Breaks for August 20, 2015
SHOO
Aug 20, 2015 | 07:10 EDT
Canaccord said new clothing fashion trends should benefit Steve Madden as customers adjust their shoe purchases to match the new looks. The firm noted its recent meeting with management who commented on strong spring fashion trends, good performance in new brands, and strength in their own retail stores. Canaccord reiterated their Buy rating and $50 price target on Steven Madden shares.
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