Evercore ISI Group Maintains Outperform on Burlington Stores, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an Outperform rating on Burlington Stores and raised its price target from $274 to $300, indicating a positive outlook for the company's stock.
August 19, 2024 | 1:58 pm
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Evercore ISI Group has maintained an Outperform rating on Burlington Stores and increased the price target from $274 to $300, suggesting a positive short-term outlook for the stock.
The increase in the price target from $274 to $300 by Evercore ISI Group reflects a positive sentiment towards Burlington Stores' future performance. The Outperform rating suggests that the stock is expected to perform better than the market average, which is likely to attract investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100