Loop Capital Maintains Buy on Burlington Stores, Raises Price Target to $345
Portfolio Pulse from Benzinga Newsdesk
Loop Capital has maintained a Buy rating on Burlington Stores and raised the price target from $270 to $345, indicating confidence in the company's future performance.
August 30, 2024 | 11:57 am
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Loop Capital has increased its price target for Burlington Stores from $270 to $345, maintaining a Buy rating. This suggests a positive outlook for the company's stock.
The increase in price target from $270 to $345 by Loop Capital, along with the maintained Buy rating, indicates strong confidence in Burlington Stores' future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100