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Fly News Breaks for October 1, 2015
SHOO
Oct 1, 2015 | 06:42 EDT
As previously reported, Telsey Advisory upgraded Steven Madden to Outperform from Market Perform and increased its price target to $44 from $43. Analyst Kelly Chen believes earnings will inflect in the second half of 2015 driven by strong sell-throughs at Wholesale in the first half of 2015 and the recent pullback in shares has provided a buying opportunity ahead of the turn.
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