The firm said it raised its rating on the off-price branded apparel retailer based on the company's outperformance over the past five quarters.
Goldman said it also expects additional brand introduction, refined inventory management, and cost control to support the continuation of improvements in sales productivity and margins.
Must Read: Warren Buffett's 25 Favorite StocksSTOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. The firm raised its price target on the stock to $37 from $33. BURL data by YCharts
STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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