Ross Stores stock gains on earnings beat, raised profit outlook
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CFRA Reiterates Hold Rating on Ross Stores, Inc. (ROST)
May 24, 2024 11:15 AM EDTCFRA analyst Zachary Warring reiterated a Hold rating and $138.00 price target on Ross Stores, Inc. (NASDAQ: ROST).
The analyst comments "We maintain our 12-month price target of $138, based on 23.0x our FY 25 (Jan.) EPS estimate and slightly lower than the company's 5-year... More
Edward Jones Reiterates Buy Rating on Ross Stores, Inc. (ROST)
May 24, 2024 8:19 AM EDTEdward Jones analyst Brian Yarbrough reiterated a Buy rating on Ross Stores, Inc. (NASDAQ: ROST).
The analyst comments "We rate shares of Ross Stores (Ross) a Buy and shares are on the Edward Jones Stock Focus List and Canadian Stock Focus List.... More
Ross Stores, Inc. (ROST) PT Raised to $164 at Deutsche Bank
May 24, 2024 5:26 AM EDTDeutsche Bank analyst Paul Trussell raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $164.00 (from $162.00) while maintaining a Buy rating.
The analyst comments "While concerns were elevated into the print given the challenging macro backdrop and stretched low-income... More
BofA Securities Reiterates Buy Rating on Ross Stores, Inc. (ROST)
May 24, 2024 5:16 AM EDTBofA Securities analyst Lorraine Hutchinson reiterated a Buy rating and $170.00 price target on Ross Stores, Inc. (NASDAQ: ROST).
The analyst comments "We reiterate our Buy rating following a solid quarter as ROSTs improved value proposition is resonating with stretched consumers. ROST... More
Ross Stores, Inc. (ROST) PT Raised to $165 at Evercore ISI
May 24, 2024 5:08 AM EDTEvercore ISI analyst Michael Binetti raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $165.00 (from $155.00) while maintaining a Outperform rating.
The analyst comments "Despite all the media coverage of pressure on the low-income consumer, increasing price competition from US mass... More
Ross Stores, Inc. (ROST) PT Raised to $147 at UBS
May 24, 2024 5:02 AM EDTUBS analyst Jay Sole raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $147.00 (from $145.00) while maintaining a Neutral rating.
The analyst comments "ROSTs 1Q report suggest the companys underlying fundamentals remain fairly solid even as its core low-to-middle income customers... More
