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Fly News Breaks for December 6, 2018
SHOO
Dec 6, 2018 | 08:06 EDT
Canaccord analyst Camilo Lyon commented on a Steve Madden showroom tour, stating that he was impressed by its level of on-trend fashion newness for Spring deliveries. Also worth noting is the strength the company is seeing in boots, which is a category that was down double digits in Q3, said Lyon. The analyst, who thinks Q4 sales could be better than expected, reiterated his Buy rating and $41 price target on Steve Madden shares.
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