Shares of Steven Madden Ltd. (Symbol: SHOO) surpassed the average analyst 12-month target price of $38.28, trading at $38.86/share. This marks a significant movement prompting investors to reassess the stock’s valuation, particularly as analysts indicate a range of targets from $35.00 to $41.00. The standard deviation among these targets is $2.288.
Currently, the analyst ratings for Steven Madden Ltd. reflect a consensus with 3 strong buy ratings and 4 hold ratings. The average rating remains steady at 2.14 on a scale where 1 is a strong buy and 5 is a strong sell. This information is based on Zacks Investment Research, aiming to help investors gauge potential future price movements for SHOO.
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