Burlington Stores, Inc. Reports Second Quarter 2023 Earnings

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Burlington Stores (BURL) PT Lowered to $225 at Wells Fargo

August 24, 2023 12:13 PM EDT

Wells Fargo analyst Ike Boruchow lowered the price target on Burlington Stores (NYSE: BURL) to $225.00 (from $250.00) while maintaining a Overweight rating.

The analyst commented, "We are disappointed, but remain bullish on the multi-year EPS power at BURL. While 2Q was solid, the... More