Ross Stores (ROST) Tops Q2 EPS by 10c, Guidance Misses

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Go back to Ross Stores (ROST) Tops Q2 EPS by 10c, Guidance Misses

Ross Stores, Inc. (ROST) PT Raised to $83 at Cowen

August 19, 2022 11:24 AM EDT

Cowen analyst John Kernan raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $83.00 (from $80.00) while maintaining an Outperform rating following earnings.

The analyst commented, "Consensus estimates are likely too high on margin recovery into FY23 without a material acceleration in... More