Citi analyst Steven Zaccone raised the firm’s price target on Boot Barn (BOOT) to $180 from $137 and keeps a Buy rating on the shares after meeting with management. The firm came away more positive on the company’s control over profits amid tariffs. Boot Barn has strong momentum in the business, has plans in place to drive improvement in lagging categories like work boots and apparel, and its second half outlook looks conservative, the analyst tells investors in a research note.
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