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Ross Stores (ROST) Receives a Buy from Jefferies

Tipranks - Tipranks - Wed Jan 28, 8:00AM CST

In a report released today, Corey Tarlowe from Jefferies reiterated a Buy rating on Ross Stores, with a price target of $210.00.

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Tarlowe covers the Consumer Cyclical sector, focusing on stocks such as Ross Stores, Gap Inc, and Abercrombie Fitch. According to TipRanks, Tarlowe has an average return of 18.5% and a 66.45% success rate on recommended stocks.

Ross Stores has an analyst consensus of Strong Buy, with a price target consensus of $195.29.

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Based on Ross Stores’ latest earnings release for the quarter ending November 1, the company reported a quarterly revenue of $5.6 billion and a net profit of $511.94 million. In comparison, last year the company earned a revenue of $5.07 billion and had a net profit of $488.81 million

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