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Fly News Breaks for March 25, 2015
BURL
Mar 25, 2015 | 13:05 EDT
Sterne Agee says its thesis on shares of Burlington Stores is unchanged after the company unexpectedly announced the resignation of its head merchant, Paul Metcalf. The firm believes Burlington has a deep bench of merchants and would remain a buyer of the name. It has a Buy rating on Burlington with a $65 price target.
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