Telsey Advisory Group Maintains Market Perform on Ross Stores, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has maintained a 'Market Perform' rating on Ross Stores (NASDAQ:ROST) and increased the price target from $130 to $135.

November 17, 2023 | 10:33 am
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Telsey Advisory Group has reaffirmed Ross Stores' 'Market Perform' rating and raised the price target from $130 to $135, indicating a positive outlook on the stock.
The increase in price target by Telsey Advisory Group suggests a positive sentiment towards Ross Stores' future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price, as market participants may view the new price target as a sign of expected value growth.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100