JP Morgan Maintains Overweight on Ross Stores, Raises Price Target to $163
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains an Overweight rating on Ross Stores (NASDAQ:ROST) and raises the price target from $150 to $163.
March 06, 2024 | 11:41 am
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JP Morgan analyst Matthew Boss maintains an Overweight rating on Ross Stores and raises the price target from $150 to $163.
The increase in price target by a reputable analyst such as Matthew Boss from JP Morgan is a strong positive signal for Ross Stores. It suggests a bullish outlook on the stock's future performance, potentially leading to increased investor confidence and a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100