Morgan Stanley Maintains Overweight on Burlington Stores, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alex Straton has maintained an Overweight rating on Burlington Stores and raised the price target from $284 to $300.
August 30, 2024 | 9:20 am
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Morgan Stanley has reaffirmed its Overweight rating on Burlington Stores and increased the price target to $300, indicating confidence in the company's future performance.
The increase in price target from $284 to $300 by a reputable analyst at Morgan Stanley suggests a positive outlook for Burlington Stores, likely leading to a short-term increase in stock price as investors react to the news.
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RELEVANCE 100