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Steven Madden, Ltd. (NASDAQ:SHOO): Current Price: $44.67
According to Goldman, Steve Madden’s soft Q1 trends to date reflect its vulnerability and continues to see earnings and multiple compression. The firm keeps its Sell rating and $35 price target on the stock. However, Citigroup claims that it would use weakness as a buying opportunity. The firm stated that fundamentals continue to be intact and that the company is well positioned for growth. The firm gives the shares a Buy rating and a $55 price target.
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