Loading...
Loading...
Canaccord Genuity provided color on Ross Stores
ROST in a research report published today following the company's June
Same Store Sales announcement.
In the report, Canaccord Genuity stated, "ROST reported SSS growth of 7% in June on top of +5%, above our +4% estimate, consensus at +5%, and prior guidance of +3% to +4%. The strongest categories were juniors, shoes, and accessories, and Florida was the top-performing region."
Later in the report, Canaccord Genuity noted, "We remain on the sidelines and maintain our DCF-generated price target of $67."
Shares of Ross Stores were trading at $67.25 at the time of posting, up 7.12% from Tuesday's market close.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in