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Burlington Trends Will Improve Despite Soft Start To 2025, Analyst Remains Bullish

Summary

Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating for Burlington Stores with a $340 price target. Despite a slower start to FY25 due to unseasonal weather and delayed tax refunds, BURL is expected to see sales improvement in the second half, driven by 100 new store openings and anticipated margin growth.

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Article published on March 7, 2025 by benzinga