Boot Barn price target raised to $192 from $140 at Benchmark

Benchmark raised the firm’s price target on Boot Barn to $192 from $140 and keeps a Buy rating on the shares. Management has reported improved comps over the last several weeks, notes the analyst, whose FY25 EPS estimate moves to $5.50 from $5.25 as the firm believes the recent improved sales momentum should yield “solid leverage throughout the income statement.”