Boot Barn price target lowered to $84 from $86 at JPMorgan

JPMorgan lowered the firm’s price target on Boot Barn to $84 from $86 and keeps an Overweight rating on the shares. The firm’s work points to an “in-line to above-plan” holiday for department stores and specialty softlines, with 90% of companies in its coverage universe tracking to “meet or beat” current Q4 Street consensus same-store-sales estimates, the analyst tells investors in a research note.