Ross Stores (ROST) Earns $180 Target Amid Accelerating Card Spending Data

We recently published an article titled 12 Best Retail Stocks to Buy According to Analysts. On February 23, Bernstein raised its price target for Ross Stores, Inc. (NASDAQ:ROST) to $180 from $170 while maintaining a Market Perform rating as part of a fourth-quarter preview for off-price retailers. The firm cited very strong holiday trends across the segment, supported by real-time data showing positive and accelerating foot traffic as well as robust card spending throughout the quarter. During the third ...