JP Morgan Maintains Overweight on Ross Stores, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains an Overweight rating on Ross Stores (NASDAQ:ROST) and lowers the price target from $124 to $120.
May 19, 2023 | 12:38 pm
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JP Morgan analyst Matthew Boss maintains an Overweight rating on Ross Stores and lowers the price target from $124 to $120.
The news of JP Morgan maintaining an Overweight rating on Ross Stores and lowering the price target from $124 to $120 may not have a significant short-term impact on the stock price. The lowered price target still indicates a positive outlook for the company, but investors may have already priced in the analyst's opinion.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100