Information Provided By: 
Fly News Breaks for January 14, 2020
BOOT
Jan 14, 2020 | 09:36 EDT
DA Davidson analyst John Morris raised his price target on Boot Barn to $52 and kept his Buy rating after its Q3 preliminary earnings topped consensus on Friday, with a 6.7% comps that exceeded the prior management guidance of a 5% increase. Following this "quality beat", the analyst sees the company as well positioned heading into Q4 given the healthy gross margins, minimal markdowns, and clean inventory levels of the prior quarter.
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.
