Baird Maintains Outperform on Burlington Stores, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mark Altschwager maintains an Outperform rating on Burlington Stores (NYSE:BURL) but lowers the price target from $270 to $250.
May 26, 2023 | 11:13 am
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Baird analyst maintains Outperform rating on Burlington Stores (NYSE:BURL) but lowers price target from $270 to $250.
The news of Baird maintaining an Outperform rating on Burlington Stores indicates a positive outlook for the company. However, the lowering of the price target from $270 to $250 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100