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Fly News Breaks for March 8, 2018
BURL
Mar 8, 2018 | 16:31 EDT
Loop Capital analyst Laura Champine initiated Burlington Stores with a Buy rating and a price target of $150. Champine says she expects the company's momentum to continue in taking market share from department stores and specialty retailers. The analyst is also positive on Burlington's ongoing inventory reduction, which she expects to support margins.
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