Investing.com -- Citi has downgraded Burlington Stores to Neutral from Buy, telling investors in a note Wednesday that the shares have run close to its target price and no longer offer an attractive risk/reward. The firm noted that the stock is "within 5% of our target price and risk/reward no longer skews to the upside." Citi noted Burlington trades at all-time highs and has risen 18% over the past three months, outpacing Ross Stores at 11% and TJX at 2%. With very high expectations already built into the third quarter and beyond, however, Citi prefers to "move to the sidelines" at current levels. Related articlesCiti downgrades Burlington to Neutral with stock near all-time highsEuropean stocks trade near peaks as corporate earnings boost risk appetiteAnalyst explains why SpaceX stock is down today