Ross Stores, Inc. (ROST) PT Lowered to $67 at RBC Capital Following 1Q Results
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Price: $241.49 +1.00%
Rating Summary:
29 Buy, 12 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 11 | New: 27
Rating Summary:
29 Buy, 12 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 5 | Down: 11 | New: 27
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RBC Capital lowered its price target on Ross Stores, Inc. (NASDAQ: ROST) to $67.00 (from $70.00) while maintaining a Sector Perform rating. ROST reported Q1 comps and EPS of +3% and $0.82, in line with expectations.
Outperformance this quarter gives analyst Brian Tunick increased confidence in LT share gains and the robust EPS algo for DD growth.
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