Bernstein Maintains Outperform on Burlington Stores, Lowers Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Aneesha Sherman maintains an Outperform rating on Burlington Stores (NYSE:BURL) but lowers the price target from $230 to $200.

May 26, 2023 | 10:16 am
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Bernstein analyst Aneesha Sherman maintains an Outperform rating on Burlington Stores (NYSE:BURL) but lowers the price target from $230 to $200.
The news of Bernstein maintaining an Outperform rating on Burlington Stores indicates a positive outlook for the company. However, the lowering of the price target from $230 to $200 may create uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100