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Intech Investment Management significantly increased its stake in Boot Barn, which beat earnings expectations.
Intech Investment Management increased its stake in Boot Barn Holdings by 116.6%, acquiring 10,661 shares, while Primecap Management Co. reduced its stake by 4.3%.
Boot Barn reported earnings per share of $2.43, above expectations, and analysts predict 5.82 EPS for the year.
The stock has a market cap of $3.22 billion and a consensus rating of "Moderate Buy" with a target price of $181.92.
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Intech Investment Management aumentó significativamente su participación en Boot Barn, lo que superó las expectativas de ganancias.