Burlington Stores Inc (NYSE: BURL) experienced a decline in early trading despite the release of positive second-quarter results. Analyst Dana Telsey from Telsey Advisory Group maintained an Outperform rating and increased the price target from $300 to $350. Similarly, analyst Brooke Roach from Goldman Sachs reiterated a Buy rating and raised the price target from $316 to $339. Analysts were impressed with Burlington Stores' strong quarterly performance, noting revenue growth and gross margin expansion exceeded expectations. The company achieved a 5% comp, building upon a 5% gain in the second quarter of 2024 and following a 0% comp in the previous quarter. Management was described as cautious by analysts. For further details, visit Benzinga.com.