Ross Stores price target raised to $129 from $122 at Barclays

Barclays raised the firm’s price target on Ross Stores to $129 from $122 and keeps an Overweight rating on the shares ahead of the earnings report. The analyst continues to see improved product and traffic and expects the company to deliver potential upside to estimates. The firm thinks price points will be “very sharp with some need for additional clearance activity, especially in June/early July.”