Morgan Stanley Maintains Overweight on Burlington Stores, Raises Price Target to $233
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alex Straton maintains an Overweight rating on Burlington Stores (BURL) and raises the price target from $222 to $233.
March 08, 2024 | 4:40 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Morgan Stanley maintains an Overweight rating on Burlington Stores and raises the price target from $222 to $233.
The upgrade in the price target by a reputable analyst like Morgan Stanley suggests a strong confidence in Burlington Stores' future performance. This is likely to be viewed positively by the market, potentially leading to a short-term increase in BURL's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100