Gordon Haskett Upgrades Burlington Stores to Buy, Lowers Price Target to $175
Portfolio Pulse from richadhand@benzinga.com
Gordon Haskett analyst Chuck Grom upgrades Burlington Stores (NYSE:BURL) from Accumulate to Buy and lowers the price target from $200 to $175.
June 26, 2023 | 10:30 am
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POSITIVE IMPACT
Burlington Stores (BURL) upgraded to Buy by Gordon Haskett, with a lowered price target of $175.
The upgrade to Buy by Gordon Haskett indicates a positive outlook for Burlington Stores. However, the lowered price target suggests a more conservative valuation. This news is likely to have a positive short-term impact on BURL's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100