Burlington Stores, Inc. Reports Third Quarter 2021 Earnings

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Go back to Burlington Stores, Inc. Reports Third Quarter 2021 Earnings

Burlington Stores (BURL) PT Lowered to $410 at Jefferies

November 24, 2021 8:23 AM EST

Jefferies analyst Janine Stichter lowered the price target on Burlington Stores (NYSE: BURL) to $410.00 (from $413.00) while maintaining a Buy rating.

The analyst commented, "Robust comps (+16% vs. F'20) underscore BURL's market share gains, and alleviate investor concerns around inventory shortages and weather headwinds.... More

Burlington Stores (BURL) PT Raised to $330 at Cowen

November 23, 2021 5:50 PM EST

Cowen analyst John Kernan raised the price target on Burlington Stores (NYSE: BURL) to $330.00 (from $314.00) while maintaining an Outperform rating.

The analyst commented, "Burlington management provided analysts and shareholders a big favor by providing a detailed map into FY22 and beyond which highlights... More

Burlington Stores (BURL) PT Lowered to $325 at Wells Fargo

November 23, 2021 1:37 PM EST

Wells Fargo analyst Ike Boruchow lowered the price target on Burlington Stores (NYSE: BURL) to $325.00 (from $360.00) while maintaining an Overweight rating following earnings.

The analyst commented, "While 3Q had some puts and takes (better revs, worse GMs), the more relevant event this... More

Burlington Stores (BURL) Tops Q3 EPS by 11c, Offers Outlook

November 23, 2021 6:48 AM EST

Burlington Stores (NYSE: BURL) reported Q3 EPS of $1.36, $0.11 better than the analyst estimate of $1.25. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.22 billion.

Outlook:

Given the uncertainty surrounding the pace of the recovery... More