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Fly News Breaks for November 29, 2018
BURL
Nov 29, 2018 | 07:08 EDT
Barclays analyst Chethan Mallela raised his price target for Burlington Stores to $201 saying the company's sales momentum in Q3 should ease any lingering fears from Q2. Burlington delivered strong comparable sales growth and new and non-comparable sales productivity exceeded internal expectations, Mallela tells investors in a research note. He keeps an Overweight rating on the shares.
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