Ross Stores (ROST) Misses Q1 EPS by 3c; Guides Lower

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Go back to Ross Stores (ROST) Misses Q1 EPS by 3c; Guides Lower

Ross Stores, Inc. (ROST) PT Lowered to $80 at Wells Fargo

May 20, 2022 6:35 AM EDT

Wells Fargo analyst Ike Boruchow lowered the price target on Ross Stores, Inc. (NASDAQ: ROST) to $80.00 (from $90.00) while maintaining a Equal Weight rating following weak results and outlook.

The analyst commented, "Just 3 months after surprising investors with a better-than-feared initial 2022 outlook, ROST reported... More