Barclays Maintains Overweight on Ross Stores, Raises Price Target to $129
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih maintains an Overweight rating on Ross Stores (NASDAQ:ROST) and raises the price target from $122 to $129.
August 15, 2023 | 10:59 am
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Ross Stores and raises the price target from $122 to $129, which could potentially lead to an increase in the stock price.
The raised price target by Barclays indicates a positive outlook for Ross Stores. This could potentially lead to an increase in the stock price as it suggests that the stock is undervalued at its current price. Therefore, the news is highly relevant and important for investors in Ross Stores.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100