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Burlington Stores price target raised to $236 from $175 at JPMorgan

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.

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