Boot Barn price target raised to $207 from $196 at JPMorgan

JPMorgan raised the firm’s price target on Boot Barn (BOOT) to $207 from $196 and keeps an Overweight rating on the shares after meeting with management. The firm sees a same-store-sales growth opportunity of up 5% in fiscal 2026 for Boot Barn versus the current down 2% to up 2% guidance, with management citing an EBITDA flow-through rate for every incremental comp point of 35%.