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Fly News Breaks for August 13, 2015
BOOT
Aug 13, 2015 | 06:40 EDT
Piper Jaffray analyst Peter Keith views the recent pullback in shares of Boot Barn Holdings as a "unique" buying opportunity. Much of the post-earnings sell-off is likely due to a misunderstanding about Sheplers e-com business and a change to industry Internet Minimum Advertised Price, Keith tells investors in a research note. He believes Sheplers e-com has been growing since IMAP was implemented in early April. The analyst keeps a Buy rating on Boot Barn with a $41 price target.
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