Burlington Stores Stock Could Rise to $250 on Retail’s Woes
Burlington Stores (NYSE: BURL) suffered in the first quarter due to the COVID-19 pandemic. Sales at the deep discounter were cut in half because its stores were closed and it had no e-commerce strategy to speak of to offset the losses.
Wall Street, though, thinks Burlington will bounce back sharply because of the plight of the rest of the retail industry.
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Source Fool.com