Telsey Advisory lowered the firm’s price target on Burlington Stores (BURL) to $300 from $340 and keeps an Outperform rating on the shares. The company reported a solid start to FY25, with revenue reaching the mid-point of the guidance range, the analyst tells investors. The firm continues to see the company as a beneficiary in the current climate due to the strength of its off-price model and ability to react to changing trends.
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