JPMorgan raised the firm’s price target on Ross Stores to $150 from $137 and keeps an Overweight rating on the shares. The analyst updated department store and specialty softline models ahead of the Q4 reports. The firm models above-consensus Q4 top- and bottom-line growth for 90% of companies across its universe.
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Read More on ROST:
- Ross Stores upgraded to Neutral from Sell at UBS
- Ross Stores upgraded to Buy from Neutral at Cleveland Research
- Ross Stores price target raised to $145 from $112 at Piper Sandler
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