Barclays Raises Price Target on Ross Stores Following Strong Q1 Comparable Sales Growth
On May 26, Barclays raised its price target for Ross Stores (NASDAQ:ROST) to $260 from $242 while maintaining an Overweight rating. The firm cited the company's strong first-quarter comparable sales growth of 17%, which exceeded expectations and was attributed to effective product assortments and marketing strategies.
Tickers: $ROST