DA Davidson analyst John Morris kept his Buy rating and $193 price target on Burlington Stores after the "healthy" finish in its slight-beat-and-raise Q1 results. The analyst notes that the company has "bucked the trend" of soft Q2 outlook in "anything retail" with an in-line earnings guide and also cites the management's view on the potential impact of China tariffs leading to "better buying opportunities". Morris adds that Burlington could also outperform in the event of a recession as consumers seek out cost-saving benefits, keeping his Buy rating on the stock.