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Barclays Keeps Their Buy Rating on Burlington Stores (BURL)

Tipranks - Tipranks - Sat Mar 7, 4:54AM CST

In a report released today, Adrienne Yih from Barclays maintained a Buy rating on Burlington Stores, with a price target of $365.00.

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According to TipRanks, Yih is a 4-star analyst with an average return of 5.6% and a 50.39% success rate. Yih covers the Consumer Cyclical sector, focusing on stocks such as Lululemon Athletica, American Eagle, and Abercrombie Fitch.

In addition to Barclays, Burlington Stores also received a Buy from Wells Fargo’s Ike Boruchow in a report issued yesterday. However, on the same day, TipRanks – xAI reiterated a Hold rating on Burlington Stores (NYSE: BURL).

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Based on Burlington Stores’ latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $3.65 billion and a net profit of $310.39 million. In comparison, last year the company earned a revenue of $3.27 billion and had a net profit of $260.77 million

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