Boot Barn price target raised to $173 from $157 at Williams Trading

Williams Trading analyst Sam Poser raised the firm’s price target on Boot Barn to $173 from $157 and keeps a Buy rating on the shares. The firm is raising its estimates following yesterday’s pre-announcement of better than expected Q2 same-store sales. The better than expected results highlight the evolution of Boot Barn’s ability to attract and retain customers, the analyst contends.