Unsold U.S. retail inventory a challenge after dismal earnings season
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UBS Reiterates Neutral on Ross Stores (ROST) Following 1Q - PT to $57
May 20, 2016 9:15 AM EDTUBS maintained a Neutral rating on Ross Stores, Inc. (NASDAQ: ROST), and cut the price target to $57.00 (from $60.00), following the company's 1Q earnings report. ROST reported EPS at $0.73, missing UBS estimates of $0.76 and in-line with the Street's $0.73.
Analyst Michael Binetti commented, "We... More
Cowen Cuts Price Target on Ross Stores (ROST) to $61; Sees Buying Opportunity
May 20, 2016 7:47 AM EDTCowen maintained an Outperform rating on Ross Stores, Inc. (NASDAQ: ROST), and cut the price target to $61.00 (from $63.00), following the company's 1Q earnings report. ROST reported EPS of 73c in line with the Street's 73c and above 69-72c guidance. The company's 1Q... More
