JP Morgan Maintains Overweight on Boot Barn Holdings, Raises Price Target to $181
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains an Overweight rating on Boot Barn Holdings and raises the price target from $160 to $181.
October 29, 2024 | 2:57 pm
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POSITIVE IMPACT
JP Morgan has increased its price target for Boot Barn Holdings from $160 to $181 while maintaining an Overweight rating, indicating confidence in the company's future performance.
The increase in price target from $160 to $181 by JP Morgan suggests a positive outlook for Boot Barn Holdings. The maintained Overweight rating indicates that the analyst expects the stock to outperform the market. This is likely to have a positive short-term impact on the stock price as investors may view this as a strong endorsement of the company's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100