SHOE CARNIVAL (SCVL) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of SHOE CARNIVAL (SCVL) from OUTPERFORM to NEUTRAL on November 21, 2012, with a target price of $26.40.

Shoe Carnival, Inc. is a high volume, value-oriented retailer of family footwear. They adhere to a highly promotional marketing concept that enables them to be competitive in the retail markets they enter. They provide a selection and variety of footwear normally associated with a ""category killer"" superstore in an exciting retail environment.

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