Cantor Fitzgerald Initiates Coverage on Ross Stores with Overweight Rating
Cantor Fitzgerald has officially initiated coverage of Ross Stores (ROST) with an 'Overweight' rating. The decision comes as analysts express confidence in the retailer's upcoming financial performance. Analyst John Kernan and his team anticipate that Ross Stores will outperform market expectations in the coming quarters. Specifically, they project that both comparable store sales and earnings per share (EPS) will exceed current consensus estimates.
Tickers: $ROST
Topics: Earnings Expectations Equity Research Retail
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