UBS cut its price target for Boot Barn Holdings Inc. (NYSE: BOOT) to $232 from $272, citing concerns about comparable-store sales growth. The firm maintained its Buy rating ahead of the company’s second-quarter earnings report.

UBS analysts expect Boot Barn’s upcoming earnings per share to meet market expectations. They also expect the company to reaffirm its fiscal 2027 EPS guidance.

Recent analyst actions include BTIG’s price-target reduction, citing a slowdown in July sales, and Needham’s initiation of coverage with a Buy rating.