Steven Madden stock received a reiterated Buy rating from BTIG analyst Janine Stichter on October 4, 2023. The analyst maintained a $55 price target for the footwear and accessories company.

Steven Madden stock rating

The October 2023 update left both the Buy recommendation and the price target unchanged. A price target is an analyst’s estimate, not a guarantee that shares will reach that level.

The available information does not establish whether BTIG’s rating or target remains in effect. A market snapshot listed the shares at $42.76, but did not specify when that price was observed; it should not be assumed to be the price on the rating date or the latest quotation.

Footwear and accessories business

Steven Madden designs, sources and markets branded and private-label footwear and accessories. Its portfolio includes Steve Madden, Dolce Vita and Betsey Johnson, with products sold through various retail channels.

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