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JPMorgan Lifts Boot Barn Price Target on Executives' Comments, Holiday Sales

1. JPMorgan raised BOOT's price target by $12 to $200. 2. Strong holiday sales contributed to increased EPS estimates. 3. Boot Barn's shares soared over 110% in the last year. 4. Management's marketing efforts expanded the customer base significantly. 5. Analysts maintain an 'overweight' rating on Boot Barn stock.

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FAQ

Why Very Bullish?

The price target increase reflects confidence in BOOT's continued growth, akin to past positive analyst actions leading to price surges.

How important is it?

The article details significant analyst upgrades that can drive investor sentiment and stock performance.

Why Long Term?

Strong EPS growth and expanded market reach indicate sustained performance, similar to successful retail expansions historically.

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