JPMorgan raised the firm’s price target on Boot Barn (BOOT) to $247 from $207 and keeps an Overweight rating on the shares. The firm adjusted price targets in the department store and specialty softline group ahead of the Q2 reports. JPMorgan’s fieldwork indicates a strong close to the quarter on a July consumer acceleration, the analyst tells investors in a research note.
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Read More on BOOT:
- Boot Barn price target raised to $195 from $185 at TD Cowen
- Boot Barn’s Strong Growth Trajectory and Strategic Expansion Plans
- Boot Barn’s Strong Performance and Strategic Positioning Justify Buy Rating with Increased Price Target
- Boot Barn downgraded to Hold from Buy at Jefferies
- Boot Barn price target raised to $195 from $180 at KeyBanc
