Evercore ISI raised the firm’s price target on Burlington Stores (BURL) to $300 from $274 and keeps an Outperform rating on the shares. The analyst, who thinks the emerging U.S. consumer environment is “very favorable for Offprice,” maintains TJX (TJX) and Burlington on the “Top 5 Outperform list” and thinks Burlington has the most potential for significant positive EPS revisions based on solid same-store sales checks, the firm notes in a preview for the group.
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