JPMorgan raised the firm’s price target on Ross Stores (ROST) to $160 from $156 and keeps an Overweight rating on the shares. The company reported a Q2 beat and second half numbers have potential upside, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ROST:
- Ross Stores: Balancing Optimism with Caution – A Hold Rating Amid Steady Growth
- Ross Stores price target raised to $130 from $128 at Morgan Stanley
- Ross Stores Maintains Strong Sales Momentum and Earnings Outlook Amid Tariff Challenges
- Ross Stores price target raised to $165 from $150 at Wells Fargo
- Ross Stores: Strategic Positioning and Growth Opportunities Amidst Competitive Retail Landscape