UBS Maintains Sell on Burlington Stores, Raises Price Target to $126
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole has maintained a Sell rating on Burlington Stores (NYSE:BURL) but increased the price target from $120 to $126.

November 27, 2023 | 3:36 pm
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UBS analyst Jay Sole reaffirmed a Sell rating on Burlington Stores but raised the price target from $120 to $126.
While the Sell rating suggests a negative outlook on the stock, the increase in price target could indicate that the analyst sees some limited upside potential or less downside risk than previously thought. This mixed message may lead to a neutral short-term impact on the stock as the market digests the information.
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IMPORTANCE 75
RELEVANCE 100