Boot Barn price target raised to $142 from $124 at Seaport Research

Seaport Research raised the firm’s price target on Boot Barn to $142 from $124 and keeps a Buy rating on the shares. The firm expects the company’s Q2-to-date same-store sales to be worse than it was in Q1, but July is the company’s “toughest” monthly comparison of the quarter and expects performance to improve in August and September, the analyst tells investors. In all, the firm views its estimates with an upward bias.