Burlington Stores, Inc. Reports Third Quarter 2018 Results Above Guidance and Increases Full Year 2018 Sales and Adjusted EPS Outlook

Burlington Stores (BURL) PT Raised to $193 at DA Davidson

November 29, 2018 8:49 AM EST

DA Davidson analyst John Morris raised the price target on Burlington Stores (NYSE: BURL) to $193.00 (from $187.00) while maintaining a Buy rating.

Morris commented, "Based on our channel checks, we believe BURL is off to a strong start for the Holiday season... More

Burlington Stores (BURL) PT Raised to $177 at Deutsche Bank

November 29, 2018 8:24 AM EST

Deutsche Bank analyst Paul Trussell raised the price target on Burlington Stores (NYSE: BURL) to $177.00 (from $176.00) while maintaining a Buy rating. BURL posted a 4.4% comp (above the Street's 3.1%, and guidance of 2%-3%), ultimately driving a 16c EPS beat vs. the Street's $1.06, and guidance... More

Burlington Stores (BURL) PT Raised to $201 at Barclays

November 29, 2018 8:19 AM EST

Barclays analyst Chethan Mallela raised the price target on Burlington Stores (NYSE: BURL) to $201.00 (from $194.00) while maintaining a Overweight rating following the company's 3Q earnings report.

BURL delivered strong comparable sales growth. which was in-line to slightly better than direct peers on a two year stacked basis.

... More

Burlington Stores (BURL) PT Raised to $190 at Credit Suisse

November 29, 2018 7:50 AM EST

Credit Suisse analyst Michael Binetti raised the price target on Burlington Stores (NYSE: BURL) to $190.00 (from $178.00) while maintaining an Outperform rating following a "high-quality" 3Q beat.

Binetti sees multiple points of conservatism in initial 2019 outlook.

The analyst is raising FY18 EPS to $6.38 from... More

Citi Reiterates Neutral on Burlington Stores (BURL) Following 3Q

November 28, 2018 9:30 AM EST

Citi analyst, Paul Lejuez, reiterated a Neutral rating and $165.00 price target on Burlington Stores (NYSE: BURL) following the company's 3Q earnings report. Adjusted EPS of $1.21 beat consensus of $1.06 and guidance of $1.00-1.04. A lower tax rate added $0.06 relative to estimates.

Citi raised F18... More

Burlington Stores (BURL) Tops Q3 EPS by 15c, Comps Increase 4.4%, Raises FY Guidance

November 28, 2018 6:48 AM EST

Burlington Stores (NYSE: BURL) reported Q3 EPS of $1.21, $0.15 better than the analyst estimate of $1.06. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.6 billion.

Comparable store sales increased 4.4% on a shifted... More