JPMorgan analyst Matthew Boss raised the firm’s price target on Burlington Stores to $236 from $175 and keeps an Overweight rating on the shares. The analyst updated department store and specialty softline models ahead of the Q4 reports. The firm models above-consensus Q4 top- and bottom-line growth for 90% of companies across its universe.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on BURL:
- Burlington Stores, Inc. Announces Fourth Quarter and Fiscal Year 2023 Earnings Release Date, Conference Call and Webcast
- Burlington Stores put volume heavy and directionally bearish
- Burlington Stores price target raised to $225 from $195 at Jefferies
- Burlington Stores call volume above normal and directionally bullish
- Burlington (NYSE:BURL) Gains on New Analyst Upgrade