🔴 Boot Barn is trading 4.22% down today after UBS lowered its target over comparable-sales concerns

Boot Barn is trading at $114.71, down -4.22%, after UBS lowered its price target amid concerns about comparable-store sales growth.

• UBS lowered its price target to $232 from $272, maintaining a Buy rating.
• The bank also flagged decelerating quarter-to-date trends ahead of earnings.
• Broader risk-off sentiment is weighing on equities amid AI-spending worries and elevated oil prices; the supplied market snapshot shows major indexes lower.