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Nov 21, 2025 12:20 PM

Ross Stores Posts Strong Q3 Beat; These Analysts Raise Price Targets On 'Broad-Based' Growth

Shares of Ross Stores Inc (NASDAQ:ROST) soared in early trading on Friday, after the company reported upbeat third-quarter earnings.

Here are some key analyst takeaways:

JPMorgan analyst Matthew Boss reiterated an Overweight rating, while raising the price target from $188 to $200.

Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating, while raising the price target from $160 to $175.

BofA Securities analyst Lorraine Hutchinson reaffirmed a Buy rating, while lifting the price target from $175 to $200.

Check out other analyst stock ratings.

JPMorgan: Ross Stores reported earnings of $1.58 per share. It beat the consensus of $1.42 per share, with same-store-sales growth of 7%. That’s much higher than Street expectations of 4.5%, Boss said in a note.  Although gross margins contracted by 30 basis points (bps) year-on-year to 28.0%, the ...