Goldman Sachs raised the firm’s price target on Ross Stores (ROST) to $270 from $244 and keeps a Buy rating on the shares. Ross Stores reported a very strong Q1 beat led by another significant acceleration in comp trends as momentum continues to strengthen, the analyst tells investors in a research note. This quarter is another strong proofpoint of the building tailwinds emerging from the execution of Ross Stores’ multi-pillar strategic playbook, the firm says.
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Read More on ROST:
- Ross Stores price target raised to $255 from $240 at BofA
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