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Burlington Stores price target lowered to $301 from $335 at TD Cowen

TD Cowen lowered the firm’s price target on Burlington Stores (BURL) to $301 from $335 and keeps a Buy rating on the shares. The firm said its conference call focused on the macro and potential consumer headwinds however buying opportunities and weather could support same-stoe-sales into 2H, but estimates were lowered for FY25 and FY26 while still remaining above consensus.

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