Fed minutes, Jackson Hole and Harris speech - what's moving markets

Fed's Daly: Time to Adjust Policy is Upon Us, Hard To Imagine Anything Could Derail Sept Rate Cut

Fed's Daly: Time to Adjust Policy is Upon Us, Hard To Imagine Anything Could Derail Sept Rate Cut

Fed's Goolsbee: Everything We Wanted to Happen to Get Rates Down has Happened, Inflation is on Path to 2%

Fed's Goolsbee: Everything We Wanted to Happen to Get Rates Down has Happened, Inflation is on Path to 2%

Ross Stores, Inc. (ROST) PT Raised to $190 at Loop Capital

Loop Capital analyst Laura Champine raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $190.00 (from $170.00) while maintaining a Buy rating.

The analyst comments "We are maintaining our Buy rating and raising our price target for Ross from $170 to $190... More

Ross Stores, Inc. (ROST) PT Raised to $167 at UBS

UBS analyst Jay Sole raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $167.00 (from $147.00) while maintaining a Neutral rating.

The analyst comments "ROSTs 2Q report suggests its underlying fundamentals remain solid even as its core low-to-middle income customers experience... More

Ross Stores, Inc. (ROST) PT Raised to $180 at Baird

Baird analyst Mark Altschwager raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $180.00 (from $162.00) while maintaining a Outperform rating.

The analyst comments "Maintain Outperform rating. ROST delivered comps/EPS +1%/+6% ahead of consensus, with acceleration vs. FQ1 (against a tougher compare) and... More

Ross Stores, Inc. (ROST) PT Raised to $185 at Goldman Sachs

Goldman Sachs analyst Brooke Roach raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $185.00 (from $167.00) while maintaining a Buy rating.

The analyst comments "ROST reported a strong F2Q beat, led by sequentially stronger momentum at both the Ross and dd's banners. Management highlighted the company's stronger value offering continues to... More

Ross Stores, Inc. (ROST) PT Raised to $175 at Deutsche Bank

Deutsche Bank analyst Paul Trussell raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $175.00 (from $165.00) while maintaining a Buy rating.

The analyst comments "The string of strong off-price results continued tonight with ROST posting robust top-line growth, upside to profitability,... More

Ross Stores, Inc. (ROST) PT Raised to $175 at Wells Fargo

Wells Fargo analyst Ike Boruchow raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $175.00 (from $160.00) while maintaining a Overweight rating.

The analyst comments "More on Shift to Branded Merch. At a high-level, ROST has prioritized increasing the mix of higher quality... More

Ross Stores, Inc. (ROST) PT Raised to $180 at BofA Securities

BofA Securities analyst Lorraine Hutchinson raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $180.00 (from $170.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating as ROSTs improved value proposition resonates with stretched consumers. ROST... More

Intuit (INTU) PT Raised to $780 at BofA Securities

BofA Securities analyst Kash Rangan raised the price target on Intuit (NASDAQ: INTU) to $780.00 (from $730.00) while maintaining a Buy rating.

The analyst comments "No change to our positive view on Intuit. While the growth algorithm is pivoting more towards ARPC in both the... More

Intuit (INTU) PT Raised to $790 at Jefferies

Jefferies analyst Brent Thill raised the price target on Intuit (NASDAQ: INTU) to $790.00 (from $770.00) while maintaining a Buy rating.

The analyst comments "While the mix of ingredients might change, INTU can always be relied on to serve up a satisfying combination of DD... More

Ross Stores, Inc. (ROST) PT Raised to $161 at Jefferies

Jefferies analyst Corey Tarlowe raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $161.00 (from $147.00) while maintaining a Hold rating.

The analyst comments "2Q results reflected another beat-and-raise Q for ROST, as healthy sales growth and lower distribution/incentive costs helped... More

Ross Stores, Inc. (ROST) PT Raised to $175 at Evercore ISI

Evercore ISI analyst Michael Binetti raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $175.00 (from $165.00) while maintaining a Outperform rating.

The analyst comments "Positive 2Q Update: Despite ROSTs ongoing caution related to pressure on its modest-income consumer, were impressed that ROST accelerated SSS +4%... More

Evercore ISI Reiterates Outperform Rating on Intuit (INTU)

Evercore ISI analyst Kirk Materne reiterated an Outperform rating and $725.00 price target on Intuit (NASDAQ: INTU).

The analyst comments "In terms of notable takeaways from the quarter: 1) INTU assist is now available for ~1mn mid-market businesses, showcasing the large TAM ahead for mid-size companies. In our view, this is... More

Intuit (INTU) PT Raised to $760 at Citi

Citi analyst Steven Enders raised the price target on Intuit (NASDAQ: INTU) to $760.00 (from $750.00) while maintaining a Buy rating.

The analyst comments "INTU reported solid F4Q24 results with $99M rev upside vs. cons driven by SMB (+$57M) and CK... More

Loop Capital Reiterates Buy Rating on Snowflake Inc. (SNOW)

Loop Capital analyst Mark Schappel reiterated a Buy rating and $185.00 price target on Snowflake Inc. (NYSE: SNOW).

The analyst comments "Snowflake's July quarter print was fine, but not great a 2.6% product revenue beat was a tad below the expected 3-5% upside, and the product revenue guide, while up and above the consensus, came in below what many investors expected. Thus, the stock was down 8%... More

Snowflake Inc. (SNOW) PT Lowered to $165 at Scotiabank

Scotiabank analyst Patrick Colville lowered the price target on Snowflake Inc. (NYSE: SNOW) to $165.00 (from $195.00) while maintaining a Sector Outperform rating.

The analyst comments "Snowflake delivered an unusual print, with a small-ish F2Q product revenue beat, alongside a very decent... More

Snowflake Inc. (SNOW) PT Lowered to $180 at Rosenblatt

Rosenblatt analyst Blair Abernethy lowered the price target on Snowflake Inc. (NYSE: SNOW) to $180.00 (from $195.00) while maintaining a Buy rating.

The analyst comments "Wednesday after the market, Snowflake reported Q2 Product revenue growth of 30%, ~3% above our expectations, and total revenue of $868.8m... More

Urban Outfitters, Inc. (URBN) PT Lowered to $47 at Baird

Baird analyst Mark Altschwager lowered the price target on Urban Outfitters, Inc. (NASDAQ: URBN) to $47.00 (from $50.00) while maintaining a Neutral rating.

The analyst comments "Maintain Neutral rating. URBN delivered a ~24% earnings beat driven by big gross margin upside (sales ~in-line with ~1% comp shortfall)... More

Snowflake Inc. (SNOW) PT Lowered to $152 at Baird

Baird analyst William Power lowered the price target on Snowflake Inc. (NYSE: SNOW) to $152.00 (from $165.00) while maintaining a Outperform rating.

The analyst comments "Remain buyers. Yesterday afternoon SNOW reported solid FQ2 results, with the 2.7% product revenue beat below FQ1's 5.6%, but still solid.... More