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Fly News Breaks for November 11, 2019
BOOT
Nov 11, 2019 | 08:32 EDT
Cowen analyst Oliver Chen said Boot Barn is a best executor in the Western wear category and he believes they are well positioned to get bigger. He likes its specialty industry leadership, own and branded merchandise, execution and low level fashion risk plus he thinks its segmented marketing and digital focus will propel its ongoing strong comps and unit growth. Chen reiterated his Outperform rating and raised his price target to $47 from $44 on Boot Barn shares.
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