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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. While Q4 itself was solid, the story is all about Burlington’s outlook, the firm says. As a company that consistently guides cautiously and plans for the worst, Burlington cited a very bullish view heading into 2026, with both external and internal drivers to upside.

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