Sterne Agee upgraded Shoe Carnival SCVL from Neutral to Buy.
The target price for Shoe Carnival has been lowered from $30.00 to $23.00.
Shoe Carnival shares have dropped 30.08% over the past 52 weeks, while the S&P 500 index has gained 13.56% in the same period.
Shoe Carnival's shares surged 2.96% to close at $18.46 yesterday.
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