A Glimpse Into The Expert Outlook On Ross Stores Through 11 Analysts
Portfolio Pulse from Benzinga Insights
Ross Stores (NASDAQ:ROST) has been analyzed by 11 analysts over the past three months, showing a range of perspectives from bullish to bearish. The average 12-month price target has increased to $163.36. Analysts have recently adjusted their ratings and price targets, reflecting their views on the company's performance and market conditions. Ross Stores has shown strong financial performance with significant revenue growth, high net margins, and efficient debt management.
August 09, 2024 | 8:01 pm
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Ross Stores has received a range of analyst ratings, with an average 12-month price target of $163.36, up from $160.55. Recent rating adjustments reflect positive sentiment, with several analysts raising their price targets. The company's strong financial performance, including an 8.08% revenue growth rate and high net margins, supports these positive outlooks.
The increase in the average price target and the positive adjustments by several analysts indicate a bullish sentiment towards Ross Stores. The company's strong financial metrics, such as revenue growth and net margins, further support this positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100