Morgan Stanley Maintains Overweight on Ross Stores, Raises Price Target to $178
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alex Straton maintains an Overweight rating on Ross Stores and raises the price target from $163 to $178.
August 23, 2024 | 2:18 pm
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Morgan Stanley has increased its price target for Ross Stores from $163 to $178 while maintaining an Overweight rating, indicating a positive outlook for the stock.
The increase in price target from $163 to $178 by Morgan Stanley suggests a positive outlook for Ross Stores, likely leading to a short-term increase in stock price. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100