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Fly News Breaks for January 7, 2019
BOOT
Jan 7, 2019 | 05:42 EDT
Pivotal Research analyst Mitch Kummetz upgraded Boot Barn to Buy while lowering his price target for the shares to $24 from $27. The analyst views the stock's risk/reward as favorable at current levels. While oil prices have fallen, oil and gas employment has not, Kummetz tells investors in a research note. He sees Boot Barn achieving, if not exceeding, the high end of its fiscal Q3 guidance.
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.
