Ross Stores, Inc. (ROST) PT Raised to $203 at TD Cowen

TD Cowen analyst John Kernan raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $203.00 (from $192.00) while maintaining a Buy rating.

The analyst comments "ROST is undergoing a strategic transformation, improved marketing, store refreshes and DC fulfillment enhancement. Our FY26 SSS are relatively in line with consensus at 3% (which could be conservative given the run rate of the business and sector best traffic trends into December). Our EPS estimate of $7.26 (12% growth) is above consensus of $7.10. Buying environment is improving into 1H:26."

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