Barclays Maintains Overweight on Burlington Stores, Lowers Price Target to $213
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih maintains an Overweight rating on Burlington Stores (NYSE:BURL) and lowers the price target from $221 to $213.
May 26, 2023 | 9:43 am
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Barclays maintains an Overweight rating on Burlington Stores (NYSE:BURL) and lowers the price target from $221 to $213.
The news of Barclays maintaining an Overweight rating on Burlington Stores and lowering the price target from $221 to $213 indicates that the analyst still has a positive outlook on the stock, but with a slightly reduced target. This may not have a significant short-term impact on the stock price, as the rating remains positive, but the lowered target could lead to some investors adjusting their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100