Barclays Maintains Overweight on Burlington Stores, Raises Price Target to $327
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih maintains an Overweight rating on Burlington Stores and raises the price target from $274 to $327.
August 30, 2024 | 3:09 pm
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Barclays analyst Adrienne Yih has maintained an Overweight rating on Burlington Stores and increased the price target from $274 to $327, indicating a positive outlook on the stock.
The increase in price target from $274 to $327 by Barclays suggests a strong positive outlook for Burlington Stores. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive impact on the stock price in the short term as investors may view this as a signal to buy.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100