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Fly News Breaks for March 18, 2015
BURL
Mar 18, 2015 | 07:57 EDT
After Burlington Stores reported stronger than expected Q4 results, Wells Fargo believes that the company had a strong start to the year and is executing its off-price model effectively. The firm thinks the company's fiscal 2015 guidance is conservative, and it raised its price target on the name to $64-$66 from .$54-$58. It keeps an Outperform rating on the shares.
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