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UBS upgrades Ross Stores rating to Buy and raises price target

Investing.com +2 · ·by G4L

ROST Ross Stores Inc
$238.95 +0.82%
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  1. 1UBS upgraded Ross Stores from neutral to buy and raised its price target from the previous $239.
  2. 2Ross Stores shares rose nearly 3% in early US market trading on Monday.
  3. 3Ross Stores has an upside potential of approximately 37% compared to Friday's closing price of $229.30.

So what's the key point?

UBS recommended buying Ross Stores, expecting the stock to rise further. They suggested the stock price could go up by about 37% from $229.30.

Source Investing.com +2 · View original ↗

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