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Fly News Breaks for August 2, 2017
BURL
Aug 2, 2017 | 07:26 EDT
As previously reported, Credit Suisse analyst Christian Buss downgraded Burlington Stores to Neutral from Outperform saying that although the fundamentals of the company remain healthy, he sees limited upside to valuation as the multiples stay elevated despite more moderate industry growth prospects. The analyst also lowered his price target on the shares to $89 from $97.
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