Citi raised the firm’s price target on Ross Stores (ROST) to $188 from $171 and keeps a Buy rating on the shares following the Q3 beat. The earnings report shows Ross is the new comp leader in off-price retail, the analyst tells investors in a research note.
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Read More on ROST:
- Ross Stores: Balancing Recent Gains with Historical Caution – A Hold Recommendation
- Ross Stores’ Strong Financial Performance and Strategic Initiatives Justify Buy Rating and Increased Price Target
- Ross Stores price target raised to $183 from $164 at Barclays
- Ross Stores Exceeds Earnings Guidance, Raises Outlook
- Ross Stores’ Strong Performance and Growth Potential: A Buy Rating with Increased Target Price