Telsey Advisory Group Reiterates Market Perform on Steven Madden, Maintains $39 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has reiterated its 'Market Perform' rating on Steven Madden (NASDAQ:SHOO) and maintained its price target of $39.
October 24, 2023 | 9:37 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Telsey Advisory Group has reiterated its 'Market Perform' rating on Steven Madden and maintained its price target of $39.
The reiteration of the 'Market Perform' rating and the maintenance of the $39 price target by Telsey Advisory Group indicates that the analyst believes the stock is fairly valued at its current price. This could potentially lead to a neutral short-term impact on the stock's price as it suggests that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100