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SHOO - Steven Madden cut to neutral at Citi ahead of Q4 report
Steven Madden Ltd.
2024-02-07 14:35:32 ET
Steven Madden ( NASDAQ: SHOO ) was downgraded to neutral on Wednesday from a previous investment rating of buy by analysts at Citigroup. They cited a cautious approach to the earnings upside potential for the company looking to F24 due to margin headwinds from higher freight and potentially higher promotions in retail, among other things....