UBS Maintains Neutral on Ross Stores, Raises Price Target to $167
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Neutral rating on Ross Stores (NASDAQ:ROST) but raises the price target from $147 to $167.

August 23, 2024 | 2:08 pm
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UBS analyst Jay Sole maintains a Neutral rating on Ross Stores but raises the price target from $147 to $167, indicating a positive outlook.
The increase in the price target from $147 to $167 suggests a positive outlook for Ross Stores, which could lead to a short-term price increase. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100