JP Morgan Maintains Overweight on Boot Barn Holdings, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains an Overweight rating on Boot Barn Holdings (NYSE:BOOT) but lowers the price target from $100 to $85.
May 18, 2023 | 12:46 pm
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JP Morgan maintains an Overweight rating on Boot Barn Holdings (NYSE:BOOT) and lowers the price target from $100 to $85.
The news of JP Morgan maintaining an Overweight rating on Boot Barn Holdings indicates a positive outlook for the company. However, the lowering of the price target from $100 to $85 suggests that the analyst has revised expectations for the stock's performance. This mixed signal may result in a neutral short-term impact on BOOT's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100