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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BURL:
- Burlington Stores price target lowered to $305 from $315 at Loop Capital
- Burlington Stores: A Promising Medium-Term Investment with 25% EPS Growth Potential Through 2028
- Burlington Stores: A Resilient Growth Opportunity Amidst Retail Challenges
- Burlington Stores price target lowered to $325 from $335 at Baird
- Burlington Stores price target lowered to $365 from $380 at Bernstein
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue