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Ross Stores' Optimistic Outlook: Analysts Highlight Growth Potential and Strong Financial Performance

ロスストアーズの楽観的な展望:成長ポテンシャルと強い財務業績をアナリストが強調

Benzinga ·  08/23 14:28

Ross Stores, Inc.(NASDAQ:ROST) shares are trading higher on Friday.

Yesterday, the company reported better-than-expected second-quarter financial results and raised its outlook.

Ross Stores expects third-quarter earnings of between $1.35 and $1.41 per share, versus the $1.38 per share estimate, and earnings of between $1.60 and $1.67 per share for the fourth quarter.

Analysts covering the retail behemoth provided their takes:

  • JP Morgananalyst Matthew R. Boss reiterated the Overweight rating on the stock, raising the price forecast to $173 from $168.
  • Goldman Sachs analyst Brooke Roach reiterated the Buy rating on the stock, raising the price forecast to $185 from $167 prior.
  • BofA...
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