B of A Securities Maintains Buy on Burlington Stores, Raises Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Burlington Stores and raised the price target from $275 to $315, indicating confidence in the company's future performance.
August 30, 2024 | 12:09 pm
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POSITIVE IMPACT
B of A Securities has reaffirmed its Buy rating on Burlington Stores and increased the price target from $275 to $315, suggesting a positive outlook for the company's stock.
The increase in the price target from $275 to $315 by B of A Securities indicates a strong positive sentiment towards Burlington Stores' future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100