JP Morgan Maintains Overweight on Boot Barn Holdings, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains an Overweight rating on Boot Barn Holdings (NYSE:BOOT) and raises the price target from $85 to $115, indicating a positive outlook on the company's stock.
May 09, 2024 | 7:58 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
JP Morgan analyst Matthew Boss maintains an Overweight rating on Boot Barn Holdings and raises the price target from $85 to $115.
The increase in price target by a reputable analyst like Matthew Boss from JP Morgan suggests a strong bullish outlook on Boot Barn Holdings. This is likely to instill confidence in investors about the company's future performance, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100