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Ross Stores price target raised to $255 from $240 at BofA

BofA raised the firm’s price target on Ross Stores (ROST) to $255 from $240 and keeps a Buy rating on the shares. The firm is increasing its FY26 and FY27 EPS estimates by 6% and 7%, respectively, to reflect the Q1 beat and raised fiscal year outlook, the analyst tells investors.

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