Burlington Stores (BURL): Recommending Hold Until It Shows In-Line Performance Vs. Peers
Katrina Wittkamp Investment action Based on my current outlook and analysis of Burlington Stores (NYSE:BURL) 2Q23 earnings, I recommend a hold rating. I expect the stock price to be rangebound in the near term, as I do not see any positive catalysts that will drive the valuation multiple upwards. BURL needs to show the market…