Telsey Advisory Group Maintains Market Perform on Ross Stores, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey maintains a Market Perform rating on Ross Stores (NASDAQ:ROST) and raises the price target from $135 to $160.

March 06, 2024 | 10:14 am
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Telsey Advisory Group maintains a Market Perform rating on Ross Stores and raises the price target from $135 to $160.
The increase in price target from $135 to $160 by Telsey Advisory Group indicates a positive outlook on Ross Stores' stock performance in the short term. This adjustment suggests that the analyst sees potential for growth or positive momentum in the company's stock price, likely due to favorable market conditions, company performance, or industry trends. Investors may view this as a bullish signal, potentially leading to increased interest and a rise in stock price.
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IMPORTANCE 80
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