Evercore ISI Remains a Buy on Burlington Stores (BURL)
Evercore ISI analyst Michael Binetti maintained a Buy rating on Burlington Stores today and set a price target of $375.00.
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According to TipRanks, Binetti is a 4-star analyst with an average return of 6.5% and a 54.64% success rate. Binetti covers the Consumer Cyclical sector, focusing on stocks such as Birkenstock Holding plc, Lululemon Athletica, and Ferrari.
In addition to Evercore ISI, Burlington Stores also received a Buy from Barclays’s Adrienne Yih in a report issued today. However, yesterday, BTIG maintained a Hold rating on Burlington Stores (NYSE: BURL).
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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- Burlington Stores price target raised to $365 from $350 at Telsey Advisory
- Burlington Stores price target raised to $367 from $363 at BofA
- Burlington Stores price target raised to $399 from $354 at Goldman Sachs
- Burlington Stores price target raised to $365 from $356 at JPMorgan
- Burlington Stores price target raised to $380 from $351 at Citi
