Burlington Stores (BURL) Misses Q1 EPS by 11c, Guidance Misses

Go back to Burlington Stores (BURL) Misses Q1 EPS by 11c, Guidance Misses

Burlington Stores (BURL) PT Lowered to $210 at Wells Fargo

May 26, 2022 11:42 AM EDT

Wells Fargo analyst Ike Boruchow lowered the price target on Burlington Stores (NYSE: BURL) to $210.00 (from $235.00) while maintaining a Overweight rating following earnings.

The analyst commented, "Unfortunately, despite lowered expectations heading into today, BURL's 1Q print lacked near-term good news (for the 2nd... More