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Fly News Breaks for November 19, 2015
BOOT
Nov 19, 2015 | 05:40 EDT
Wells Fargo analyst Tom Nikic resumed coverage of Boot Barn with a Market Perform, a downgrade from his firm's previous rating of Outperform. The company's comp growth has "decelerated rapidly," while some of its key geographic markets are facing macro headwinds, Nikic tells investors in a research note. He has an $11-$12 price target range for the stock.
News For BOOT From the Last 2 Days
BOOT
Apr 16, 2024 | 06:43 EDT
Piper Sandler raised the firm's price target on Boot Barn (BOOT) to $110 from $94 and keeps an Overweight rating on the shares. The firm's 47th semi-annual Taking Stock With Teens Survey shows strong brand results for Carhartt and -- to a lesser extent -- Ariat - two key brands for Boot Barns and Tractor Supply (TSCO). Carhartt now ranks as the number 3 most favored clothing brand amongst teen males. Ariat has also risen in popularity and now ranks as the number 29 most favored clothing brand.
