Analysts at Morgan Stanley initiated coverage on Steven Madden SHOO with a Equalweight rating.
The target price for Steven Madden is set to $35.
Steven Madden shares have dropped 12.52% over the past 52 weeks, while the S&P 500 index has surged 12.42% in the same period.
Steven Madden's shares surged 0.29% to close at $30.80 yesterday.
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