Burlington Stores (BURL) Gets a Hold Rating from Wedbush


In a report released today, Jennifer Redding from Wedbush maintained a Hold rating on Burlington Stores (BURL), with a price target of $155. The company’s shares closed yesterday at $147.28.

According to TipRanks.com, Redding is a 2-star analyst with an average return of 3.0% and a 50.0% success rate. Redding covers the Services sector, focusing on stocks such as Abercrombie Fitch, Children’s Place, and Urban Outfitters.

Currently, the analyst consensus on Burlington Stores is a Moderate Buy with an average price target of $169.43, implying a 15.0% upside from current levels. In a report released yesterday, Guggenheim also maintained a Hold rating on the stock.

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The company has a one-year high of $180.27 and a one-year low of $123.24. Currently, Burlington Stores has an average volume of 911.2K.

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Burlington Stores, Inc. is an apparel and home product retailer. Its products include ladies sportswear, menswear, coats, family footwear and youth apparel, as well as baby furniture, accessories, home decor and gifts. The company was founded in 1972 and is headquartered in Burlington, NJ.

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