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Burlington Stores price target raised to $363 from $350 at BofA

BofA analyst Lorraine Hutchinson raised the firm’s price target on Burlington Stores (BURL) to $363 from $350 and keeps a Buy rating on the shares. The firm is raising its FY25 and FY26 EPS estimates by 5% each as the Q2 beat offsets incremental tariff pressure, the analyst tells investors in a post-earnings note.

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