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Fly News Breaks for November 11, 2015
BOOT
Nov 11, 2015 | 08:16 EDT
Baird said the near-term visibility for Boot Barn has been reduced but the long-term growth story remains intact. The firm said the short-term impact from lower oil/commodity prices is proving more widespread than previously anticipated. Baird believes prospective levels for the stock provide a compelling risk/reward for longer-term growth oriented investors and maintained its Outperform rating, but lowered its price target to $22 from $28 on Boot Barn shares.
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