TD Cowen Maintains Outperform on Boot Barn Holdings, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Max Rakhlenko maintains an Outperform rating on Boot Barn Holdings (NYSE:BOOT) but lowers the price target from $90 to $80.
May 18, 2023 | 11:33 am
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TD Cowen maintains Outperform rating on Boot Barn Holdings (NYSE:BOOT) but lowers price target from $90 to $80.
TD Cowen's lowered price target for Boot Barn Holdings may cause some short-term uncertainty among investors, but the maintained Outperform rating suggests that the stock is still expected to perform well in the long run. The impact on the stock price is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100