JPMorgan raised the firm’s price target on Ross Stores (ROST) to $200 from $188 and keeps an Overweight rating on the shares. The company reported a “beat and raise” Q3, the analyst tells investors in a research note. The firm says Ross Stores remains favorably positioned in a growing off-price space.
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Read More on ROST:
- Ross Stores price target raised to $159 from $147 at Bernstein
- Ross Stores price target raised to $188 from $171 at Citi
- Ross Stores price target raised to $200 from $175 at BofA
- 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