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Ross Stores Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
ROSTRoss Stores(ROST) Benzinga·2025-03-04 10:45

Core Insights - Ross Stores, Inc. is set to release its fourth-quarter financial results on March 4, with expected earnings of 1.66pershare,adecreasefrom1.66 per share, a decrease from 1.82 per share in the same quarter last year [1] - The company projects quarterly revenue of 5.95billion,downfrom5.95 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]AnalystRatings−MorganStanleydowngradedRossStoresfromOverweighttoEqual−Weight,reducingthepricetargetfrom136.81 [2] Analyst Ratings - Morgan Stanley downgraded Ross Stores from Overweight to Equal-Weight, reducing the price target from 164 to 140[3]−WellsFargoalsodowngradedthestockfromOverweighttoEqual−Weight,settingapricetargetof140 [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]−JPMorgankeptanOverweightratingandraisedthepricetargetfrom180 [3] - JP Morgan kept an Overweight rating and raised the price target from 171 to 173[3]−EvercoreISIGroupmaintainedanOutperformratingandincreasedthepricetargetfrom173 [3] - Evercore ISI Group maintained an Outperform rating and increased the price target from 170 to $180 [3]