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Fly News Breaks for April 23, 2018
SHOO
Apr 23, 2018 | 07:25 EDT
Canaccord analyst Camilo Lyon said Steve Madden reported another solid earnings beat as it maintained its consistent quarterly performances. The analyst said its core brand remains at the forefront of footwear trends, coupled with its inventory management and tight expense controls. Lyon reiterated his Buy rating and raised his price target to $54 from $52 on Steve Madden shares.
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