B. Riley Securities Maintains Buy on Boot Barn Holdings, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Jeff Lick maintains a Buy rating on Boot Barn Holdings (NYSE:BOOT) but lowers the price target from $92 to $83.

February 01, 2024 | 4:17 pm
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NEUTRAL IMPACT
B. Riley Securities maintains a Buy rating on Boot Barn Holdings but lowers the price target from $92 to $83.
While the maintenance of a Buy rating indicates continued confidence in the company's fundamentals, the reduction in the price target could suggest a reassessment of the company's short-term growth prospects or market conditions. This mixed signal might lead to neutral short-term price movement as investors digest the implications.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100