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Fly News Breaks for December 3, 2018
SHOO
Dec 3, 2018 | 07:22 EDT
Citi analyst Kate McShane downgraded Steven Madden to Neutral and lowered her price target for the shares to $34 from $38. The analyst sees "more headwinds than tailwinds likely in 2019" for the company. Her overall revenue growth and earnings growth assumptions are estimated to decelerate in 2019 when compared to 2018.
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