TD Cowen Cuts Boot Barn Target to $160 but Keeps Buy Rating
TD Cowen cut its Boot Barn price target to $160 from $190 but kept a Buy rating, and reaffirmed Buy on FirstCash, per Dow Jones Newswires citing Benzinga.
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what happened
Analysts at TD Cowen kept their Buy rating on Boot Barn Holdings but lowered the price target to $160 a share from $190. Dow Jones Newswires reported the change, citing Benzinga.
On the same day, TD Cowen reaffirmed its Buy rating on FirstCash Holdings. The report did not mention any change to the price target for that company.
why it matters
A lower price target paired with an unchanged positive rating usually signals a revision to valuation rather than a change in the analyst's view of the business. For investors, such moves are a signal of sentiment around individual retail-sector companies.
tags
instruments
sources
- Boot Barn Holdings Is Maintained at Buy by TD Cowen — Dow Jones Newswires, 23 October 2026 at 13:17 UTC
- FirstCash Holdings Is Maintained at Buy by TD Cowen — Dow Jones Newswires, 23 October 2026 at 13:29 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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