Boot Barn Holdings (BOOT) Reports In-Line Q1 EPS

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Jefferies Raises Price Target on Boot Barn Holdings (BOOT) to $13; Reiterates Buy

July 27, 2016 8:54 AM EDT

Jefferies reiterated a Buy rating on Boot Barn Holdings (NYSE: BOOT), and raised the price target to $13.00 (from $12.00), following the company's 1Q earnings report. Comps were +0.4%, slightly better than flat guidance. Heading into F'2Q, July comps are negative given tough compares, but this should... More