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Fly News Breaks for February 24, 2020
BURL
Feb 24, 2020 | 08:00 EDT
Cowen analyst John Kernan raised his price target on Burlington Stores to $275 from $245 ahead of Q4 results. The analyst raised his Q4 estimates following management's updated guidance and he believes its CEO will talk to investments in the merchant team which could lead to margin expansion. Kernan reiterated his Outperform rating on Burlington Stores shares.
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