B of A Securities Maintains Buy on Burlington Stores, Lowers Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Lorraine Hutchinson maintains a Buy rating on Burlington Stores (NYSE:BURL) and lowers the price target from $250 to $240.
May 26, 2023 | 11:36 am
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NEUTRAL IMPACT
B of A Securities maintains a Buy rating on Burlington Stores (NYSE:BURL) and lowers the price target from $250 to $240.
The news of B of A Securities maintaining a Buy rating on Burlington Stores is positive for the stock. However, the lowering of the price target from $250 to $240 may create some uncertainty among investors. The overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100