As previously reported, Stephens analyst Jeff Lick initiated coverage of Boot Barn (BOOT) with an Equal Weight rating and $100 price target The firm calls Boot Barn “an old school, unit growth story with compelling economics that are improving,” but adds that last week’s new tariffs create short-term uncertainty and lower baseline profitability “a significant amount.” The firm notes that its initial FY26 and FY27 EPS estimates are 31% and 29% lower than current Street views, respectively.
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