Investments in Ross Stores (ROST) have elevated recently with companies such as Envestnet Asset Management Inc., DekaBank Deutsche Girozentrale, and Flossbach Von Storch SE boosting their stakes. Contrastingly, some firms like Moloney Securities Asset Management and Crossmark Global Holdings Inc. have sold their shares. Trading volume of ROST has fallen by 31.17 to $284 Million.
Ross Stores has been proactive, evident in their $50,000 emergency donation for the recovery of a Texas flooded community. The business outlook has been affected, the company withdrawing annual forecast due to uncertainties caused by tariffs causing their stock to tumble. Despite existing challenges, the company has managed to expand with 19 new outlets across 14 states.
JPMorgan is bullish because of the stores' new marketing and store refresh strategy, while UBS maintains a neutral rating. Though ROST stock reported a drop post Q1 earnings, it's not underperforming and is among the top discount retails shares to buy currently.
Jos. A. Bank parent company recommends selling ROST and buying TJX instead, while Wells Fargo has termed ROST as a defensive standout, despite diminishing economic data.
Ross Stores ROST News Analytics from Tue, 19 Nov 2024 08:00:00 GMT to Sat, 12 Jul 2025 20:12:15 GMT - Rating -1 - Innovation -5 - Information 7 - Rumor -3
