Loop Capital Maintains Buy on Burlington Stores, Raises Price Target to $225
Portfolio Pulse from Benzinga Newsdesk
Loop Capital analyst Laura Champine maintains a Buy rating on Burlington Stores (NYSE:BURL) and raises the price target from $220 to $225.
May 26, 2023 | 1:23 pm
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POSITIVE IMPACT
Loop Capital analyst Laura Champine maintains a Buy rating on Burlington Stores and raises the price target from $220 to $225.
The news of Loop Capital maintaining a Buy rating and raising the price target for Burlington Stores (BURL) is positive for the stock. This indicates that the analyst believes the stock has potential for growth and is likely to perform well in the short term. The increased price target suggests a higher valuation for the company, which could attract more investors and drive the stock price up.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100