UBS Upgrades Burlington Stores to Neutral, Raises Price Target to $212
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole upgrades Burlington Stores (NYSE:BURL) from Sell to Neutral and increases the price target from $126 to $212.
May 02, 2024 | 1:14 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
UBS upgrades Burlington Stores to Neutral and raises the price target significantly from $126 to $212.
The upgrade from Sell to Neutral by a major analyst like UBS, coupled with a substantial increase in the price target, suggests a positive reassessment of Burlington Stores' outlook. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100