A Glimpse Into The Expert Outlook On Ross Stores Through 16 Analysts
Portfolio Pulse from Benzinga Insights
16 analysts have recently shared mixed evaluations of Ross Stores (NASDAQ:ROST), with a shift towards more bullish sentiments in the last 30 days. The average 12-month price target for ROST has increased to $160.12, up 13.16% from the previous target. Analysts from firms like Loop Capital, UBS, and Morgan Stanley have raised their price targets, reflecting optimism about Ross Stores' market position, revenue growth, and financial health.
March 06, 2024 | 7:00 pm
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POSITIVE IMPACT
Ross Stores has seen a positive shift in analyst sentiment, with an increased average 12-month price target of $160.12. This reflects optimism about the company's market position, revenue growth, and financial health.
The shift towards more bullish sentiments among analysts, coupled with raised price targets from reputable firms, indicates a strong consensus on Ross Stores' positive outlook. The company's impressive revenue growth, above-average market capitalization, and strong financial indicators such as net margin, ROE, and ROA support this optimistic view. The increase in the average price target by 13.16% further underscores the analysts' confidence in Ross Stores' future performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100