steve madden

Erinn Murphy of Piper Jaffray commented that initial traffic into stores was “more muted” with many retailers opening even earlier this year than they did a year ago. Murphy and a team of analysts observed first-hand traffic trends in Minnesota and Texas outlet formats, B+ malls,...

Jay Sole of Morgan Stanley initiated coverage of Steven Madden, Ltd. (NASDAQ: SHOO) with an Equal-Weight rating and $35 price target. "The women's fashion footwear cycle is troughing and we don't anticipate an inflection until second quarter 2015 at the earliest," Sole wrote. The analyst adds that...

In a research report published on Tuesday, Goldman Sachs analyst Taposh Bari raised the price target on Steve Madden (NASDAQ: SHOO) from $40 to $43 and maintained a Sell rating. In the report, Goldman Sachs stated, "We believe Sell-rated SHOO's annual shareholder meeting, this Friday 5/24/13,...

The Nasdaq closed up more than 1%, the Dow and S&P 500 less than 1%, yesterday. Plenty of stocks rose to new 52-week highs during the trading session. Among them were Coach (NYSE: COH) and Nike (NYSE: NKE), which reached multiyear highs of $69.47 and $103.29 per share, respectively. Coach this...

Sterne Agee is out with its report today on Steve Madden (NASDAQ: SHOO), raising its PT from $40 to $44. In a note to clients, Sterne Agee writes, "We are raising our PT on a split-adjusted basis to $44 from $40 and the best is still yet to come, in our view. We believe the recent acquisitions are...

Steve Madden (NASDAQ: SHOO), a leading designer and marketer of fashion footwear and accessories, today announced that it has entered into a Restructuring Agreement with Betsey Johnson LLC to effect an out-of-court restructuring of the outstanding debt of BJ LLC purchased by the Company in August...