Wells Fargo Maintains Overweight on Ross Stores, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow has maintained an Overweight rating on Ross Stores (NASDAQ:ROST) and increased the price target from $135 to $140.
November 17, 2023 | 1:47 pm
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Wells Fargo analyst Ike Boruchow has reaffirmed an Overweight rating on Ross Stores and raised the price target from $135 to $140, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically suggests a bullish view on the stock's future performance, which can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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