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Burlington Stores price target raised to $400 from $350 at Wells Fargo

Wells Fargo raised the firm’s price target on Burlington Stores (BURL) to $400 from $350 and keeps an Overweight rating on the shares. Q4 was “solid,” while guidance for both Q1 and the fiscal year, along with anecdotes around lapping 2025 headwinds with much stronger results, gives “Bulls lots of ammo to work with,” the analyst tells investors.

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