Piper Jaffray analyst Peter Keith raised his price target for Boot Barn Holdings to $46 from $41 and reiterates an Overweight rating on the shares following the company's "big beat and raise" in fiscal Q1. Boot is "firing on all cylinders," with "strong" comp trends and "impressive" gross margin expansion, Keith tells investors in a research note. He expects the company to continue its "beat-and-raise cadence for the foreseeable future." The analyst calls Boot Barn one of his favorite ideas for the second half of 2019 and he reiterates an Overweight rating on the name.