Analyst Ratings For Boot Barn Holdings
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed evaluations for Boot Barn Holdings (NYSE:BOOT) over the past three months, with a majority being bullish. The average 12-month price target has increased by 18.09% to $122.08. Key financial metrics show challenges in revenue growth but strong profitability and efficient asset use.
June 05, 2024 | 6:01 pm
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Analysts have shown a predominantly bullish outlook on Boot Barn Holdings, with the average 12-month price target rising by 18.09% to $122.08. Despite a revenue decline of -8.74%, the company maintains strong profitability and efficient asset use.
The majority of analysts have raised their price targets and ratings for Boot Barn Holdings, indicating a positive outlook. The increase in the average price target by 18.09% suggests confidence in the company's future performance. However, the revenue decline of -8.74% poses a challenge, though it is offset by strong profitability and efficient asset use.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100