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Shoe Carnival and Steven Madden on watch

Aug. 15, 2017 9:15 AM ETShoe Carnival, Inc. (SCVL) StockSHOO, SCVLBy: Clark Schultz, SA News Editor1 Comment
  • Shares of Shoe Carnival (NASDAQ:SCVL) and Steven Madden (NASDAQ:SHOO) are on watch after both retailers catch an initiation from Wedbush at Outperform.
  • The price target on SCVL is $21 (+25%), while SHOO lands a $48 PT (+11% upside).
  • A disappointing Q2 earnings report from Dick's and a strong July retail sales report are also in the mix today in the shoe sector.
  • Previously: Dick's tumbles as promotions pressure margins (Aug. 15)

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