B of A Securities Cuts BURL Price Target to $344
Key Points
- B of A Securities reduced its price target for Burlington Stores from $365 to $344, reflecting a change in outlook while maintaining a Buy rating.
- B of A Securities's $344 price target implies 45.97% upside from Burlington Stores, Inc.'s ($BURL) current $235.66 share price.
- Burlington's stock recently traded around $235.66, which is about 31.5% below the new target price.
- The company has shown solid revenue growth over the past year, with a year-over-year increase of 11.0%.
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On October 27, 2026, B of A Securities lowered its price target for Burlington Stores, Inc. (BURL) to $344 from $365 while maintaining a Buy rating. This change reflects the firm's updated outlook on the retailer, which operates branded merchandise stores across the U.S. and Puerto Rico. The information comes from the firm's research note dated the same day.
The new price target indicates that B of A Securities sees potential upside in Burlington's stock despite the recent drop in its target. The stock closed at $235.56 on October 27, 2026, which is about 31.5% lower than the new target price of $344. As of the same date, the stock was also trading below its 50-day and 200-day moving averages by 12.6% and 23.7%, respectively, and is about 37.7% off its 52-week high of $378.33.
BURL
Burlington Stores, Inc.
B of A Securities vs. the S&P 500
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Other Institutional Activity in Burlington Stores
Capital International Investors reduced its stake in Burlington by 702,001 shares, bringing its total to 5,466,722 shares valued at approximately $1.29 billion. Meanwhile, AQR Capital Management, LLC increased its holdings by 112,552 shares, resulting in a total of 1,450,868 shares worth around $341.8 million. These adjustments reflect a mix of strategies among institutional investors regarding their positions in Burlington.
Burlington Stores, Inc. Stock Down 2.3%
Burlington's stock has recently traded around $235.66, which is significantly lower than its new price target of $344. This positioning suggests that investors may see a potential opportunity if the stock rebounds towards the target. The stock is also trading below its 50-day and 200-day moving averages, indicating a bearish trend in the short to medium term.
$BURL price target
Burlington Stores, Inc. daily closes and this analyst's $344 target. Not advice.
Recent Earnings
Burlington Stores reported trailing-twelve-month revenue of approximately $12.2 billion, reflecting an 11.0% growth year-over-year. The company's net margin stands at 5.9%, and its return on equity is a strong 41.4%. The next earnings report is expected on November 27, 2026.
Insider Buying and Selling at Burlington Stores, Inc.
Jennifer Vecchio, an officer at Burlington, sold 1,678 shares on October 1, 2026, valued at approximately $455,633. This was part of a series of sales earlier in the year, totaling 6,712 shares sold across multiple transactions.
Analysts Set New Price Targets
On October 27, 2026, B of A Securities maintained a Buy rating on Burlington Stores while lowering its price target to $344 from $365. Citigroup also maintained a Neutral rating with a target of $318, while Goldman Sachs kept its Buy rating but adjusted its target to $382. The consensus among analysts is a Buy rating, with a mean target price of $366.44, reflecting a strong belief in the company's potential despite recent adjustments.
About Burlington Stores, Inc.
Burlington Stores, Inc. is a major retailer specializing in branded merchandise, offering a wide range of apparel, footwear, and home goods. The company operates stores under the Burlington and Cohoes Fashions brands. Its recent performance reflects a solid revenue growth trajectory, which is essential for sustaining investor confidence.
Bottom Line
Investors should keep an eye on Burlington's upcoming earnings report on November 27, 2026, as it may provide further insights into the company's performance amidst the lowered price target. B of A Securities' adjustments highlight the volatility in the retail sector, and ongoing institutional activity could indicate shifting investor sentiment.
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Source: B of A Securities's rating change on $BURL (Oct 27, 2026). Written by software, not financial advice. How we make alerts