Deutsche Bank Reinitiates Burlington Stores Coverage with Hold Rating, Price Target at $318

Deutsche Bank reinitiates coverage of Burlington Stores (BURL) with a Hold rating and a price target of $318. The off-price retailer is expected to see significant growth in 2026, driven by favorable weather conditions and increased tax refunds. However, the company faces challenges such as insider selling and high volatility. Burlington Stores operates in the Consumer Cyclical sector and has a market capitalization of approximately $19.35 billion.