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Fly News Breaks for September 30, 2015
BOOT
Sep 30, 2015 | 07:20 EDT
Piper Jaffray analyst Peter Keith says the recent selloff in shares of Boot Barn presents investors with a "very favorable" risk/reward. Concerns around Sheplers e-commerce, Texas exposure and recent promotions on the company's homepage all appear overblown, Keith tells investors in a research note. He cut his price target for shares to $29 from $41 and reiterates an Overweight rating on the name.
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