Steven Madden (SHOO): Assessing Valuation After Multiple Analyst Upgrades and Raised Price Targets
Several major brokerages recently updated their outlook on Steven Madden (SHOO), with a wave of recommendation upgrades and higher forecasts. The consensus view has shifted to “Outperform,” which reflects growing optimism for the company’s future performance.
See our latest analysis for Steven Madden.
Momentum has sharply improved for Steven Madden, with a recent 7-day share price return of over 8% and a standout 90-day increase of 32%. While the stock is still working to recover from a one-year total shareholder return that is down nearly 26%, its long-term track record, with a 3-year total return nearing 30% and a 5-year total return exceeding 70%, suggests resilience amid changing market perceptions.
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