Boot Barn price target raised to $190 from $185 at BTIG

BTIG analyst Janine Stichter raised the firm’s price target on Boot Barn (BOOT) to $190 from $185 and keeps a Buy rating on the shares. The firm cites the company’s positive Q3 pre-announcement ahead of its ICR Conference presentation with a stronger finish to December partially aided by calendar shifts, along with continued product margin expansion and e-comm and ladies western – two pressure points over the last year – continuing to demonstrate strong and accelerating momentum, the analyst tells investors in a research note.