FBR Capital Initiates Burlington Stores With Outperform

Analysts at FBR Capital initiated coverage on Burlington Stores Inc (NYSE: BURL) with a Outperform rating.

The target price for Burlington Stores is set to $65.

Burlington Stores shares have gained 87.19 percent over the past 52 weeks, while the S&P 500 index has surged 12.33 percent in the same period.

Burlington Stores' shares fell 1.32 percent to close at $53.91 yesterday.