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Jefferies Sticks to Their Buy Rating for Ross Stores (ROST)

Tipranks - Tipranks - Thu Mar 5, 8:06AM CST

In a report released today, Corey Tarlowe from Jefferies reiterated a Buy rating on Ross Stores, with a price target of $242.00.

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According to TipRanks, Tarlowe is a 5-star analyst with an average return of 19.2% and a 67.52% success rate. Tarlowe covers the Consumer Cyclical sector, focusing on stocks such as Ross Stores, Alimentation Couche-Tard Inc, and Abercrombie Fitch.

In addition to Jefferies, Ross Stores also received a Buy from Telsey Advisory’s Dana Telsey in a report issued today. However, on the same day, Bernstein maintained a Hold rating on Ross Stores (NASDAQ: ROST).

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Based on Ross Stores’ latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $6.64 billion and a net profit of $645.87 million. In comparison, last year the company earned a revenue of $5.91 billion and had a net profit of $586.78 million

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