Resilient Performance and Prudent Strategy: Ross Stores Receives Buy Rating Amid Volatile Retail Environment

Paul Lejuez, an analyst from Citi, maintained the Buy rating on Ross Stores (ROST – Research Report). The associated price target remains the same with $146.00.

Paul Lejuez has given his Buy rating due to a combination of factors including Ross Stores’ strong performance in the first quarter and its ability to meet market expectations. Despite the challenging and volatile retail environment, Ross Stores has managed to deliver results at the high end of its guidance, which indicates resilience and effective management.
Additionally, while the company has pulled its annual guidance due to uncertainty, it has provided a quarterly outlook, which aligns with industry practices. The pressures on margins are expected to be temporary, and Ross Stores’ cautious approach compared to its peers like TJX suggests a prudent management strategy. The company’s ability to navigate tariff-related challenges and maintain strong trends further supports the positive outlook.

In another report released today, Barclays also maintained a Buy rating on the stock with a $156.00 price target.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ROST in relation to earlier this year.