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Burlington Stores price target raised to $299 from $254 at Barclays

Barclays raised the firm’s price target on Burlington Stores (BURL) to $299 from $254 and keeps an Overweight rating on the shares. The company’s Q1 beat estimates and its fiscal 2025 guidance was reiterated despite “significant pressure on merch margins” due to tariffs, the analyst tells investors in a research note.

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