UBS cuts Boot Barn price target to $232 from $272
Bearish on the downgrade, though the target still implies substantial upside from the posted price.
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Bearish on the downgrade, though the target still implies substantial upside from the posted price.
What happened, with direct paths to the underlying reporting
UBS lowered its BOOT price target by $40. The new $232 target remains about 100% above the posted price of $116.09, so the revision is negative but does not imply a bearish target level.
Target: $232
Posted price: $116.09
Analyst firm: UBS
Analyst: Jay Sole
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