Burlington Stores price target raised to $195 from $158 at Barclays

Barclays analyst Adrienne Yih raised the firm’s price target on Burlington Stores to $195 from $158 and keeps an Overweight rating on the shares. The company’s Q3 results and the near-term outlook were better than feared on both comparable sales growth and earnings, the analyst tells investors in a research note. The firm says Burlington is positioning the business to capture the off-price opportunity.