Burlington Stores (BURL) Tops Q3 EPS by 4c; Boosts FY14 Outlook
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Burlington Stores (BURL) Estimates, PT Raised at BofA/Merrill Lynch Amid Strong Q3
December 10, 2014 8:58 AM ESTBofA/Merrill Lynch analyst Lorraine Hutchinson reiterated a Buy rating and boosted her price target on Burlington Stores (NYSE: BURL) to $50.00 (from $43.00) following much-better-than-expected Q3 results on higher sales and gross margins. Comps also rose 5.2% versus the firm's 3.5% outlook.
The analyst sees... More
