Ross Stores (ROST) Tops Q3 EPS by 6c, Revenues Beat, Comp. Sales Up 5%; Offers Q4 & FY19 EPS Guidance

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Go back to Ross Stores (ROST) Tops Q3 EPS by 6c, Revenues Beat, Comp. Sales Up 5%; Offers Q4 & FY19 EPS Guidance

Ross Stores, Inc. (ROST) PT Raised to $131 at Cowen

November 22, 2019 7:01 AM EST

Cowen analyst John Kernan raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $131.00 (from $126.00) while maintaining an Outperform rating.

The analyst commented, "We are raising our price target on ROST to $131 which is 26x our FY20E EPS... More