In a recent update, UBS analyst Jay Sole has reaffirmed a "Buy" rating on Boot Barn Holdings (BOOT, Financial), underscoring continued confidence in the company's performance. The investment bank maintained its previous rating while adjusting its price target significantly higher.
On May 15, 2025, the price target for Boot Barn Holdings (BOOT, Financial) was raised from $156.00 to $210.00, representing a notable 34.62% increase. This adjustment reflects positive momentum and anticipated growth potential for the company.
The current recommendation and enhanced price target by UBS are crucial for investors tracking Boot Barn Holdings (BOOT, Financial), as it suggests strong market positioning and future prospects for the company.
This update aligns with investors' expectations, offering a bullish outlook on Boot Barn Holdings (BOOT, Financial) as it continues to navigate the market landscape. With this revised target, stakeholders are likely to monitor the stock's performance closely in the coming months.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 13 analysts, the average target price for Boot Barn Holdings Inc (BOOT, Financial) is $161.31 with a high estimate of $200.00 and a low estimate of $100.00. The average target implies an upside of 3.08% from the current price of $156.49. More detailed estimate data can be found on the Boot Barn Holdings Inc (BOOT) Forecast page.
Based on the consensus recommendation from 15 brokerage firms, Boot Barn Holdings Inc's (BOOT, Financial) average brokerage recommendation is currently 1.7, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Boot Barn Holdings Inc (BOOT, Financial) in one year is $114.34, suggesting a downside of 26.93% from the current price of $156.49. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Boot Barn Holdings Inc (BOOT) Summary page.
