Spruce Point Issues "Strong Sell" Opinion On Burlington Stores (BURL)
Spruce Point Capital Management Issues "Strong Sell" Opinion On Burlington Stores (NYSE:BURL) And Sees 20% - 40% Downside
Executive Summary
Spruce Point Is Cautious On Burlington Stores For The Following Reasons:
Burlington (“BURL” or “the Company”) Is An Old School Retailer Now Being Spun As A Sexy New Growth Story Amidst An lntensifying and Ultra Competitive Retailing Environment
- Burlington Stores (formerly Burlington Coat Factory) is an “off . . .
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