Boot Barn price target raised to $75 from $69 at UBS

UBS analyst Jay Sole raised the firm’s price target on Boot Barn to $75 from $69 and keeps a Neutral rating on the shares. The company’s Q3 pre-announcement on January 6th reduces the "catalyst power" of the upcoming earnings report and Boot Barn is also likely to maintain its Fy23 estimates, the analyst tells investors in a research note. Sole adds that he agrees with the options market in that Q3 earnings will have below-avgerage volatility.