Baird and BTIG cut price targets on Boot Barn Holdings
Baird kept its Outperform rating on Boot Barn Holdings and cut its target to $145, while BTIG kept Buy and lowered its target to $195, per TradingView.
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what happened
Analysts at Baird and BTIG lowered their price targets on Boot Barn Holdings while keeping their ratings unchanged. According to TradingView, Baird retained its Outperform rating and reduced its target from $160 to $145, a 9.4% cut. BTIG kept its Buy rating and lowered its target from $215 to $195, a 9.3% reduction.
Both revisions were made after the stock closed at $113.30 on October 28. Across the five most recent analyst notes over the past 30 days, price targets ranged from $145 to $232. Earlier notes came from TD Cowen, UBS, Needham and Citigroup.
why it matters
Several brokers trimming targets at once points to a shift in expectations for the company, but for the broader market these updates remain routine. Investors typically focus more on the company's own results and guidance than on analyst estimates.
tags
instruments
sources
- Baird maintains Boot Barn Holdings at Outperform, lowers price target to $145 from $160 — TradingView, 29 October 2026 at 10:49 UTC
- BTIG maintains Boot Barn Holdings at Buy, lowers price target to $195 from $215 — TradingView, 29 October 2026 at 12:50 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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