Lake Street analyst Chris Krueger raised his price target for Destination XL to $4.00 citing the company's "strong" Q2 results. Destination XL expects continued positive same-store sales this year after posting a 3.3% increase for Q2, Krueger tells investors in a post-earnings research note. Further, he notes that with a reduction in store growth, the company's balance sheet is improving. The analyst believes its cash flows can fund expansion plans without taking on more debt or raising equity. Krueger raised his estimates and keeps a Buy rating on the shares.