Piper Sandler analyst Peter Keith raised the firm’s price target on Boot Barn (BOOT) to $185 from $184 and keeps an Overweight rating on the shares. The firm says the setup for Boot Barn is a bit tricky heading into the print, as it expects the company beats estimates for Q1 comparable sales, though the dynamic is already widely understood by the buyside. That being said, Piper thinks the comp bar for Q1 is +10%. Looking forward, Boot Barn’s FY26 guidance sets up well for upside considering the tariff framework, the firm adds.
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Read More on BOOT:
- Boot Barn price target raised to $247 from $207 at JPMorgan
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