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Ross Stores (ROST) Gets a Buy Rating from Guggenheim

In a report released yesterday, Robert Drbul from Guggenheim maintained a Buy rating on Ross Stores (ROSTResearch Report), with a price target of $110.00. The company’s shares closed last Wednesday at $95.00.

According to TipRanks.com, Drbul is a 5-star analyst with an average return of 10.8% and a 63.7% success rate. Drbul covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Lululemon Athletica, and Burlington Stores.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ross Stores with a $117.47 average price target, implying a 23.4% upside from current levels. In a report released yesterday, Barclays also maintained a Buy rating on the stock with a $113.00 price target.

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The company has a one-year high of $134.22 and a one-year low of $86.15. Currently, Ross Stores has an average volume of 2.51M.

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California-based Ross Stores, Inc. operates off-price retail apparel and home accessories stores under the Ross Dress for Less and dd’s DISCOUNTS brands. Its products include branded and designer apparel, accessories, footwear, and home fashions.

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