Wedbush analyst Jen Redding raised her price target for Burlington Stores to $162 from $155 saying that her proprietary model for Campaign data positively inflected in Q1, reversing the negative trend forecasted into Q4, and indicating potential for upside to management's guidance reflective of turbulence in the beginning of the quarter. The analyst looks for trends to continue as this year's delayed Easter adds a tailwind to business, increasing the probability of a Q1 beat. While early data insights warned of risk to Q1 gross margins, data recently inflected positively, and now shows the company's run rate tracking above consensus, she adds. Redding reiterates a Neutral rating on the shares.