Burlington Stores (BURL) Tops Q1 EPS by 37c, Beats on Revenue; Offers FY25 EPS Guidance

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Burlington Stores (BURL) PT Raised to $275 at BofA Securities

May 31, 2024 5:51 AM EDT

BofA Securities analyst Lorraine Hutchinson raised the price target on Burlington Stores (NYSE: BURL) to $275.00 (from $250.00) while maintaining a Buy rating.

The analyst comments "February comps declined 2% due to unfavorable weather and a slower pace of tax refunds. March/April combined comps increased 4% as tax... More

Burlington Stores (BURL) PT Raised to $265 at Deutsche Bank

May 31, 2024 5:11 AM EDT

Deutsche Bank analyst Gabriella Carbone raised the price target on Burlington Stores (NYSE: BURL) to $265.00 (from $257.00) while maintaining a Buy rating.

The analyst comments "BURL posted a strong 1Q print that we think checked all the boxes for the bullish investment case. The top- and bottom-line... More

Burlington Stores (BURL) PT Raised to $275 at Wells Fargo

May 31, 2024 4:58 AM EDT

Wells Fargo analyst Ike Boruchow raised the price target on Burlington Stores (NYSE: BURL) to $275.00 (from $240.00) while maintaining a Overweight rating.

The analyst comments "Thoughts on 1Q. One of the larger upside surprises this EPS season. Not only was the 1Q comp... More

Burlington Stores (BURL) PT Raised to $274 at Evercore ISI

May 30, 2024 3:58 PM EDT

Evercore ISI analyst Michael Binetti raised the price target on Burlington Stores (NYSE: BURL) to $274.00 (from $250.00) while maintaining a Outperform rating.

The analyst comments "Looking into the back half, BURLs guidance looks equally as conservative. Excluding the 53rd week last year,... More

Burlington Stores stock surges on strong Q1 print, upbeat full-year outlook

May 30, 2024 6:58 AM EDT

Burlington Stores (NYSE: BURL) saw its shares surge more than 12% in premarket trading Thursday after the department store retailer reported better-than-anticipated Q1 results and issued optimistic guidance for the full fiscal 2025.

The company posted earnings per share (EPS) of $1.42, topping the consensus estimates of $1.05.... More