Ross Stores Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Core Insights - Ross Stores, Inc. is set to release its fourth-quarter financial results on March 4, with expected earnings of $1.66 per share, a decrease from $1.82 per share in the same quarter last year [1] - The company projects quarterly revenue of $5.95 billion, down from $6.02 billion a year earlier [1] - William Sheehan has been appointed as Deputy CFO of Ross Stores [1] Stock Performance - Ross Stores shares declined by 2.5%, closing at $136.81 [2] Analyst Ratings - Morgan Stanley downgraded Ross Stores from Overweight to Equal-Weight, reducing the price target from $164 to $140 [3] - Wells Fargo also downgraded the stock from Overweight to Equal-Weight, setting a price target of $165 [3] - Guggenheim maintained a Buy rating with a price target of $180 [3] - JP Morgan kept an Overweight rating and raised the price target from $171 to $173 [3] - Evercore ISI Group maintained an Outperform rating and increased the price target from $170 to $180 [3]