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Ross Stores price target raised to $200 from $182 at Baird

Baird analyst Mark Altschwager raised the firm’s price target on Ross Stores (ROST) to $200 from $182 and keeps an Outperform rating on the shares. The firm sees an improving backdrop into 2026 as consumer stimulus including lower taxes, wealth effects, and tariff mitigation set the stage for stronger revenue and earnings growth especially after tariffs are cycled in the first half.

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