Ross Stores lifts annual profit forecast on lower costs, shares rise

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

November 22, 2024 5:08 AM EST

Evercore ISI analyst Michael Binetti raised the price target on Ross Stores, Inc. (NASDAQ: ROST) to $180.00 (from $170.00) while maintaining a Outperform rating.

The analyst comments "Our Take: 4Q Outlook Rebalances the Story: Despite a top line miss, ROST delivered EPS of $1.48 (or $1.45 excl. the $0.03 benefit from... More