Ross Stores (ROST) Tops Q4 EPS by 2c, FY &Q1 Guidance Falls Short
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Wedbush Raises Price Target on Ross Stores (ROST) Following a 4Q Beat-And-Raise
March 2, 2016 9:15 AM ESTWedbush reiterated an Outperform rating on Ross Stores, Inc. (NASDAQ: ROST), and raised the price target to $63.00 (from $61.00), following the company's 4Q earnings report. ROST reported 4Q EPS of $0.66 on SSS of +4%, above consensus expectations of $0.64. Management guided FY16 EPS to a range of $2.59-... More
Cowen Remains Bullish as Ross Stores' (ROST) Comp Strength Drives Positive Traffic
March 2, 2016 8:30 AM ESTCowen reiterated an Outperform rating and $63.00 price target on Ross Stores, Inc. (NASDAQ: ROST) following the company's 4Q earnings report. ROST's 4Q comp of +4% easily beat the Street's +1.4% estimate. Comp strength was driven by positive traffic, demonstrating that share shifts to off-price... More
UPDATE: MKM Partners Upgrades Ross Stores, Inc. (ROST) to Buy
March 2, 2016 6:50 AM EST(Updated - March 2, 2016 1:03 PM EST)
MKM Partners upgraded Ross Stores, Inc. (NASDAQ: ROST) from Neutral to Buy with a price target of $65.00 (from $52.00) after it released Q4 results and guidance. Analyst Roxanne Meyer pointed out comp strength and improved earnings... More
