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Ross Stores ROST - News Analyzed: 8,176 - Last Week: 100 - Last Month: 400

↗ Ross Stores ROST Faces Mixed Market Activity Amid New Price Target and Share Buy-Sell off

Ross Stores ROST Faces Mixed Market Activity Amid New Price Target and Share Buy-Sell off
Ross Stores Inc has seen a mix of both favourable and unfavourable market activity recently. Several investment firms, including The Manufacturers Life Insurance Company, Trexquant Investment LP, EdgePoint Investment Group, DoubleLine ETF Adviser LP and Compound Planning Inc., have increased or acquired new positions in the company. More noteworthy is the decision by Telsey Advisory to increase the price target for the stock from $150 to $160. The company has also named William Sheehan as new CFO, with the Ross Stores' stock reportedly performing well even amid tariff challenges. Notable market analysts, including Jim Cramer, have backed the stock for its value. However, other investment entities namely Amundi, Royal Bank of Canada, Ieq Capital LLC, and Comerica Bank have sold off shares, trimming their stake in Ross Stores. The company's Q2 2025 earning call highlighted bouts of softer profit guidance despite the capital return strategy in place. Critics have also called out a change that customers will noticeably feel in stores. In terms of financial reporting, the company's revenue stood at $5.53B, a slight miss from the FactSet estimate of $5.54B.

Ross Stores ROST News Analytics from Sun, 06 Apr 2025 07:00:00 GMT to Sat, 06 Sep 2025 23:10:32 GMT - Rating 3 - Innovation -3 - Information 7 - Rumor -8

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