JP Morgan Maintains Overweight on Burlington Stores, Raises Price Target to $288
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains an Overweight rating on Burlington Stores (NYSE:BURL) and raises the price target from $284 to $288.
July 22, 2024 | 2:12 pm
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POSITIVE IMPACT
JP Morgan analyst Matthew Boss has maintained an Overweight rating on Burlington Stores and raised the price target from $284 to $288. This indicates a positive outlook on the stock.
The maintenance of an Overweight rating and the increase in the price target by a reputable analyst from JP Morgan suggests a positive sentiment towards Burlington Stores. This is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100