TD Cowen lowered the firm’s price target on Burlington Stores to $181 from $185 and keeps a Market Perform rating on the shares. The firm said they view downside in valuation as more limited now that Consensus estimates are starting to reset for FY24.
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- Burlington Stores price target lowered to $190 from $200 at Bernstein
- Burlington Stores price target lowered to $220 from $234 at Citi
- Burlington Stores price target lowered to $211 from $213 at Barclays
- Burlington Stores sees Q3 adjusted EPS 86c-$1.01, consensus 84c
- Burlington Stores lowers FY23 adj EPS view to $5.37-$5.67 from $5.50-$6.00