MKM Partners analyst Roxanne Meyer raised her price target on Burlington Stores to $189 and kept her Buy rating after its "strong" Q3 earnings beat, 4.4% rise in comps, and a 21% increase in EBITDA. The analyst warns that annualized compares "toughen" in Q4, but believes that the company can remain among the top performers for holiday in terms of both fundamentals and stock performance. Meyer adds that Burlington Stores could be "the biggest beneficiaries from the ToysRus bankruptcy", which she sees as being further validated by the toys and baby categories being "called out as longer-term growth opportunities" and signaling that the holiday momentum is already building.