Burlington Stores (BURL) Tops Q3 EPS by 18c; FY16 EPS Outlook Raised
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MKM Partners Remains Bullish on Burlington Stores (BURL) Ahead of 4Q
November 23, 2016 10:49 AM ESTMKM Partners reiterated a Buy rating on Burlington Stores (NYSE: BURL), and raised the price target to $99.00 (from $94.00), heading into the company's 4Q. MKM Partners' views EPS growth over the next three years continues to land in the 17-18% range, which overlaps with the targeted 16-18% range mentioned today, though includes $7M in higher wages for store employees and $7M in distribution center... More
