KeyBanc raised the firm’s price target on Boot Barn (BOOT) to $210 from $195 and keeps an Overweight rating on the shares. The firm cites Q1 results that were above expectations, alongside increased guidance for FY26. KeyBanc remains encouraged by Boot Barn’s proven retail performance, strong assortment, and ability to sustain FP selling. With a relatively conservative back half guide, the firm sees potential for upside if current trends persist and believes the company remains well positioned to demonstrate relative resilience in a softer macro.
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