Barclays Maintains Overweight on Ross Stores, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih has maintained an Overweight rating on Ross Stores (NASDAQ:ROST) and increased the price target from $165 to $175.
August 23, 2024 | 1:48 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Barclays has reaffirmed its Overweight rating on Ross Stores and increased the price target to $175, indicating confidence in the company's performance.
The increase in price target from $165 to $175 by Barclays suggests a positive outlook on Ross Stores' future performance. The Overweight rating indicates that the analyst expects the stock to outperform its peers. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100