Wells Fargo Maintains Overweight on Ross Stores, Raises Price Target to $150
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 $140 to $150.
December 22, 2023 | 1:19 pm
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Wells Fargo analyst Ike Boruchow has reaffirmed an Overweight rating on Ross Stores and raised the price target to $150, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst suggests a bullish outlook on Ross Stores, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100