Barclays analyst Chethan Mallela initiates coverage on Burlington Stores (NYSE: BURL) with a Overweight rating and a price target of $194.00.

The analyst is positive on the company's differentiation when it comes to less productive and established store footprint and a significantly lower operating margin relative to peers.

For an analyst ratings summary and ratings history on Burlington Stores click here. For more ratings news on Burlington Stores click here.

Shares of Burlington Stores closed at $168.05 yesterday.