UBS lowered the firm’s price target on Boot Barn to $76 from $77 and keeps a Neutral rating on the shares. The firm has become "increasingly bearish" on softlines stocks and reduced its calendar 2023 EPS estimates across its coverage by 10%, on average. Its 2023 EPS estimates are now 13% below consensus for the average stock in its coverage in the space, the firm noted.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on BOOT: