UPDATE: Sterne Agee Downgrades Shoe Carnival on Multiple Challenges Ahead
October 28, 2013 at 09:14 AM EDT
In a report published Monday, Sterne Agee analyst Sam Poser downgraded the rating on Shoe Carnival (NASDAQ: SCVL ) from Buy to Neutral. In the report, Sterne Agee noted, “SCVL's customer base has been pressured by the government shutdown, which continues to hurt store traffic. Trends in athletic footwear from
