Burlington Stores (BURL) Reports Q3 Revenue of $2.29B, EPS of $1.10

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Burlington Stores (BURL) PT Raised to $157 at TD Cowen

November 22, 2023 6:25 AM EST

TD Cowen analyst John Kernan raised the price target on Burlington Stores (NYSE: BURL) to $157.00 (from $146.00) while maintaining a Market Perform rating.

The analyst commented, "Surprising issuance of a five-year plan that targets an acceleration and +500bps of cumulative operating margin expansion from FY22,... More