Citi analyst Steven Zaccone raised the firm’s price target on Boot Barn (BOOT) to $180 from $137 and keeps a Buy rating on the shares after meeting with management. The firm came away more positive on the company’s control over profits amid tariffs. Boot Barn has strong momentum in the business, has plans in place to drive improvement in lagging categories like work boots and apparel, and its second half outlook looks conservative, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BOOT:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue