Jackson Hole, US futures, Harris's nomination - what's moving markets

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

August 26, 2024 2:06 PM EDT

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

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BofA Securities Reiterates Buy Rating on Uber Inc. (UBER)

August 26, 2024 5:31 AM EDT

BofA Securities analyst Justin Post reiterated a Buy rating and $88.00 price target on Uber Inc. (NYSE: UBER).

The analyst comments "Uber highlighted New Vertical products as key drivers for long-term growth (we est. New Verticals will contributed about 6ppts to Mobility... More

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

August 23, 2024 12:43 PM EDT

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

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

August 23, 2024 7:45 AM EDT

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

August 23, 2024 7:08 AM EDT

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

August 23, 2024 6:59 AM EDT

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

August 23, 2024 5:46 AM EDT

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

Deutsche Bank Reiterates Buy Rating on Uber Inc. (UBER)

August 23, 2024 5:40 AM EDT

Deutsche Bank analyst Lloyd Walmsley reiterated a Buy rating and $95.00 price target on Uber Inc. (NYSE: UBER).

The analyst comments "Last night, Uber and GM-owned Cruise announced a multi-year autonomous partnership, whereby Uber will start offering customers the option to select selfdriving Cruise vehicles. The partnership will begin in an undisclosed city where Uber does not currently have an existing AV partnership (these... More

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

August 23, 2024 5:39 AM EDT

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

August 23, 2024 5:37 AM EDT

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

August 23, 2024 5:31 AM EDT

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

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

August 23, 2024 5:26 AM EDT

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

August 23, 2024 5:10 AM EDT

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