UBS analyst Jay Sole raised the firm’s price target on Burlington Stores (BURL) to $405 from $360 and keeps a Buy rating on the shares. Burlington Stores delivered a strong quarter, and UBS tells investors in a research note that the “Burlington 2.0” strategy is working and will lead to strong growth over the near-term and beyond. The firm also anticipates earnings beats which move the stock price higher, and says Burlington is much better positioned to navigate a potential recession or tariff scenario than the market realizes.
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Read More on BURL:
- Burlington Stores price target lowered to $340 from $344 at Citi
- Burlington Stores: Positioned for Growth with Strong Sales Recovery and Strategic Expansion
- Burlington Stores price target raised to $329 from $317 at Barclays
- Burlington Stores Reports Strong 2024 Financial Results
- Burlington Stores rises 11.0%
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