Morgan Stanley Maintains Overweight on Ross Stores, Raises Price Target to $161
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alex Straton has maintained an Overweight rating on Ross Stores (NASDAQ:ROST) and increased the price target from $155 to $161.

March 06, 2024 | 4:46 pm
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Morgan Stanley has reaffirmed its Overweight rating on Ross Stores and raised the price target from $155 to $161.
The reaffirmation of the Overweight rating and increase in price target by a reputable analyst like Morgan Stanley is a strong positive signal for Ross Stores. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100