Wells Fargo Maintains Overweight on Burlington Stores, Raises Price Target to $325
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow has maintained an Overweight rating on Burlington Stores and increased the price target from $300 to $325.
August 23, 2024 | 2:10 pm
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Wells Fargo has reaffirmed its Overweight rating on Burlington Stores and increased the price target from $300 to $325, indicating a positive outlook.
The increase in price target from $300 to $325 by Wells Fargo suggests a positive outlook for Burlington Stores, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100