Craig-Hallum Downgrades Boot Barn Holdings to Hold, Raises Price Target to $162
Portfolio Pulse from Benzinga Newsdesk
Craig-Hallum analyst Jeremy Hamblin has downgraded Boot Barn Holdings from Buy to Hold, while raising the price target from $154 to $162.
October 25, 2024 | 1:25 pm
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NEUTRAL IMPACT
Craig-Hallum has downgraded Boot Barn Holdings from Buy to Hold, indicating a more cautious outlook, but raised the price target to $162, suggesting potential for price appreciation.
The downgrade from Buy to Hold suggests a more cautious stance by the analyst, which could lead to a neutral short-term impact on the stock price. However, the raised price target to $162 indicates potential for future price appreciation, balancing the downgrade.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100