Burlington Stores price target raised to $367 from $363 at BofA

BofA raised the firm’s price target on Burlington Stores (BURL) to $367 from $363 and keeps a Buy rating on the shares. A first half weighted store opening cadence will allow for stronger first half sales growth and should lead to better margins beginning in Q2, says the analyst, who is raising the firm’s FY26 and FY27 EPS estimates by 3% and 1%, respectively, after “a nice 4Q beat.”