Stephens Upgrades Boot Barn Holdings, Inc. (BOOT) to Overweight from Equal Weight and Raises its Price Target to $237

Boot Barn Holdings, Inc. (NYSE:BOOT) is among the 12 Best Consumer Stocks to Buy According to Wall Street.

On February 6, 2026, Stephens upgraded Boot Barn to Overweight from Equal Weight and raised its terms people to $237 from $196. The steadfast said the institution has a intelligibly defined net maturation exemplary and described absorption arsenic “confident, successful power and pulling the close levers.” The upgrade was framed arsenic some a tactical telephone tied to a imaginable outpouring user commercialized and taxation refund beneficiaries, arsenic good arsenic a longer-term concern presumption wherever near-term banal appreciation could beryllium disproportionate.

Supportive commentary followed beardown results. On February 5, 2026, BofA expert Christopher Nardone accrued his terms people to $240 from $235 and maintained a Buy rating. He noted that third-quarter results were successful enactment with the company’s preannouncement astatine the ICR Conference and that quarter-to-date comparable income roseate 5.7% successful the archetypal 5 weeks, oregon 9.1% excluding wintertime tempest impacts, which the steadfast called a affirmative signal. BofA raised its Q4 and FY27 EPS estimates by 1% and 2%, respectively, connected a higher income outlook and said maturation remains broad-based crossed regions and categories.

Boot Barn reported third-quarter gross of $705.643 cardinal connected February 4, 2026, somewhat supra the $704.84 cardinal statement estimate. CEO John Hazen said income accrued 16% twelvemonth implicit year, with spot crossed merchandise categories, channels, and geographies. Merchandise borderline expanded 110 ground points, helping thrust diluted EPS of $2.79. The institution guided fiscal 2026 gross to $2.24 cardinal to $2.25 billion, compared with the statement of $2.24 billion.

Boot Barn Holdings, Inc. (NYSE:BOOT) operates specialty retail stores successful the United States and internationally. The company's manner retail concatenation engages successful the merchantability of occidental and work-related footwear, apparel and accessories for men, women, and kids.

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