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Fly News Breaks for September 20, 2019
BURL
Sep 20, 2019 | 07:01 EDT
JPMorgan analyst Matthew Boss raised his price target for Burlington Stores to $242 from $237 after hosting management at a conference in London. Management cited the multi-year model's top and bottom algorithm as unchanged with 2%-3% same-store-sales growth, Boss tells investors in a research note. The analyst sees "material" upside to consensus estimates and keeps an Overweight rating on Burlington shares.
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