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Fly News Breaks for June 21, 2019
BURL
Jun 21, 2019 | 06:26 EDT
Wells Fargo analyst Ike Boruchow raised his price target for Burlington Stores to $185 from $178 after hosting two days of meetings with management. The team appears to have continued confidence in the strength of their consumer, the macro backdrop, and their ability to improve performance from here, Boruchow tells investors in a research note. The analyst says his confidence in Burlington remains high and he keeps an Outperform rating on the shares.
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