Analyst Peeks Into Ross Stores' Proven Theory To Brave Amazon's Threat To Retail Sector: Here's How

Analyst Peeks Into Ross Stores’ Proven Theory To Brave Amazon’s Threat To Retail Sector: Here’s How

August 19, 2023

in Stocks

Reading Time: 1 min read

BMO Capital Markets analyst Simeon Siegel reiterated Outperform rating on Ross Stores, Inc. (NASDAQ:ROST), raising the price target to $127 from $113.

ROST has been a prime beneficiary of the shift from dept stores to off-price, Siegel notes.

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Analyst Peeks Into Ross Stores’ Proven Theory To Brave Amazon’s Threat To Retail Sector: Here’s How

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Analyst Peeks Into Ross Stores’ Proven Theory To Brave Amazon’s Threat To Retail Sector: Here’s How

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