Boot Barn Holdings (BOOT) Trims Q3 Expectations

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Boot Barn (BOOT) Target Price Slashed at Piper Jaffray

January 12, 2016 7:35 AM EST

Piper Jaffray analyst, Peter Keith, cut his price target on Boot Barn (NYSE: BOOT) from $21 to $12 after a disappointing preannouncement that saw negative comps vs. positive guidance leading to an earnings reduction. Synergies from Sheplers provides growth in 17 though and the analyst maintained his Overweight rating.

BOOT announced FQ3 preliminary... More