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Fly News Breaks for November 30, 2016
BOOT
Nov 30, 2016 | 08:18 EDT
As reported previously, Baird analyst Jonathan Komp downgraded Boot Barn to Neutral from Outperform. The analyst cited its recent 50% rally driven by optimism about its fundamental recovery as well as recent fund flows in favor of domestic small-cap stocks that stand to benefit from potential tax cuts and spending. Komp, however, sees limited upside potential to both estimates and valuation. Komp raised his price target to $17 from $14 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.
