Piper Jaffray Upgrades Steven Madden To Overweight

Analysts at Piper Jaffray upgraded Steven Madden Ltd. SHOO from Neutral to Overweight. The price target for Steven Madden has been raised from $35.00 to $43.00. Steven Madden shares have gained 2.26% over the past 52 weeks, while the S&P 500 index has surged 9.05% in the same period. Steven Madden's shares declined 1.34% to close at $37.49 yesterday.