Jefferies changed its rating for Steven Madden to Hold and set a price target of $36 after its latest financial report.

Nov 6, 2026, 9:46 AM ETOpinionRead the original at marketscreener.com

Neutral

Jefferies moved Steven Madden from Underperform to Hold, a less negative view, and set a $36 share target. The report gives no results details or reason for the target, so it does not show a clear change in the company's outlook.

SHOO · Steven Madden, Ltd.

AI read · Neutral

The AI's read

The rating change is less negative than Jefferies' earlier view, but Hold does not signal stronger business results. The report gives a $36 share target, but no reason for that target or details from the recent quarter. It reports a changed analyst opinion, not clear evidence of a changed business outlook.

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