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Fly News Breaks for November 6, 2015
BOOT
Nov 6, 2015 | 07:00 EDT
Piper Jaffray analyst Peter Keith says Boot Barn Holdings is oversold after falling 50% in the last three months. The company has "significantly less" markdown risk compared to other seasonal footwear companies and has shown little impact from fall/winter temperatures historically, Keith tells investors in a research note. He cut his price target for shares to $23 from $29 and keeps an Overweight rating on the name.
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