JP Morgan Maintains Overweight on Burlington Stores, Lowers Price Target to $182
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Matthew Boss maintains an Overweight rating on Burlington Stores (NYSE:BURL) and lowers the price target from $214 to $182.
May 26, 2023 | 2:12 pm
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NEUTRAL IMPACT
JP Morgan maintains an Overweight rating on Burlington Stores (BURL) and lowers the price target from $214 to $182.
The news directly mentions Burlington Stores (BURL) and the lowered price target by JP Morgan. While the Overweight rating is maintained, the reduced price target may have a neutral impact on the stock price in the short term as it indicates a lower expected return, but still a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100