Ross Stores (ROST) experienced a slight gain in the market but underperformed in general. The share prices of the company were traded heavily, being bought by Nissay Asset Management Corp Japan ADV, Polar Asset Management Partners Inc., and OMERS ADMINISTRATION Corp among others. On the other hand, entities like Jefferies Financial Group Inc. and Ensign Peak Advisors Inc reduced their stakes in the company. Multiple analysts stand by their growth projection for Ross Stores and the stock has maintained its Market Perform Rating with a price target of $150. The company is due to release its Q1 earnings with optimism that it might beat earnings estimates, however, Morgan Stanley and Wells Fargo have lowered their price target on Ross shares amid tariff challenges. Despite this, the company has shown steady growth, with valuation expected to rise, and an operational expansion with the opening of 19 new locations.
Ross Stores ROST News Analytics from Tue, 19 Nov 2024 08:00:00 GMT to Sat, 17 May 2025 13:33:33 GMT - Rating 6 - Innovation 3 - Information 8 - Rumor -2
