Bullish option flow detected in Burlington Stores with 4,680 calls trading, 2x expected, and implied vol increasing almost 3 points to 58.27%. 11/24 weekly 175 calls and Nov-23 132 calls are the most active options, with total volume in those strikes near 2,300 contracts. The Put/Call Ratio is 0.42. Earnings are expected on November 21st.
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- Burlington Stores price target lowered to $215 from $220 at Citi
- Burlington Stores price target lowered to $158 from $211 at Barclays
- Burlington Stores, Inc. Announces Third Quarter Fiscal Year 2023 Earnings Release Date, Conference Call and Webcast
- Burlington Stores to replace Envestnet in the S&P 400 at open on 11/7
- Burlington Stores initiated with an Outperform at Evercore ISI
