- Goldman upgrades Steve Madden (SHOO) from Sell to Buy and raises the price target on the shares to $69 from $43.
- Analyst Taposh Bari says the company's balance sheet is "overcapitalized [and] now has 1.3x net cash/EBITDA" which could mean "more meaningful buybacks, dividends, and/or M&A."
- Shares +3.7% premarket.
Steve Madden gets two-notch upgrade at Goldman
From other sites
at Nasdaq.com (Mar 18, 2015)
at Benzinga.com (Feb 25, 2015)
at Zacks.com (Feb 25, 2015)
at Benzinga.com (Feb 24, 2015)
at Investor's Business Daily (Feb 24, 2015)
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