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Fly News Breaks for January 12, 2016
BOOT
Jan 12, 2016 | 08:00 EDT
Baird lowered its price target on Boot Barn to $16 from $22 following disappointing preliminary Q3 results. The firm noted disappointing retail store comps but double-digit e-commerce growth. Baird sees the valuation as compelling and thus maintains its Outperform rating on Boot Barn shares.
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.
