Boot Barn (BOOT) PT Raised to $72 at Jefferies

January 26, 2021 9:03 AM EST
Get Alerts BOOT Hot Sheet
Price: $68.84 +1.18%

Rating Summary:
    9 Buy, 7 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 10 | New: 17
Trade Now! 
Join SI Premium – FREE

Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.

Jefferies analyst Janine Stichter raised the price target on Boot Barn (NYSE: BOOT) to $72.00 (from $68.00) while maintaining a Buy rating.

The analyst commented, "F'3Q results were strong, surpassing initial top and bottom line expectations, as discussed with the pre-announcement here. While the F'3Q results were impressive, we are more intrigued by the strong start to F'4Q with QTD comps up a robust 17%, with the South turning positive. While COVID headwinds remain, the setup of already strong fundamentals + easing compares, along with sq. footage growth opportunity, make fora compelling C'21 story. Lifting target."

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS View, Analyst PT Change

Related Entities

Jefferies & Co