Baird Maintains Outperform on Ross Stores, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mark Altschwager maintains an Outperform rating on Ross Stores (NASDAQ:ROST) but lowers the price target from $130 to $125.
May 19, 2023 | 11:34 am
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NEUTRAL IMPACT
Baird analyst Mark Altschwager maintains an Outperform rating on Ross Stores but lowers the price target from $130 to $125.
The news of Baird maintaining an Outperform rating on Ross Stores indicates a positive outlook for the company. However, the lowering of the price target from $130 to $125 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100