Boot Barn (BOOT) PT Raised to $68 at Cowen
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Price: $64.71 -4.39%
Rating Summary:
9 Buy, 7 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 16 | New: 67
Rating Summary:
9 Buy, 7 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 6 | Down: 16 | New: 67
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Cowen analyst Max Rakhlenko raised the price target on Boot Barn (NYSE: BOOT) to $68.00 (from $65.00) while maintaining an Outperform rating.
The analyst commented, "We are incrementally upbeat on BOOT's near & long-term outlook as execution across stores, product, and margins enhances its moat, and builds a more resistant business. Despite the strong stock run, we see ongoing upside on positive earnings revisions as Street appear conservative, along with multiple expansion as category leadership deserves a premium valuation."
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