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Fly News Breaks for December 4, 2019
SHOO
Dec 4, 2019 | 08:50 EDT
Loop Capital analyst Laura Champine raised her price target on Steven Madden to $46 and kept her Buy rating after attending the FFANY footwear show, saying its shoe sales to end consumers are seen as "brisk". The analyst is also citing strength in the company's wholesale channels and contends that Steven Madden is gaining market share, with sales growth trending ahead of the industry.
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