Analysts provide diverse ratings on Ross Stores stock performance

In the past three months, eleven analysts have evaluated Ross Stores (NASDAQ: ROST), providing a spectrum of recommendations ranging from optimistic to pessimistic. These assessments reveal a shift in sentiments, with the average price target now 0.77% lower than the previous average of $152.36. Analysts have made various adjustments: Dana Telsey of Telsey Advisory Group maintained a Market Perform rating with a price target of $150.00, while Matthew Boss from JP Morgan upgraded to Overweight with an updated target of $156.00, up from $154.00. Conversely, several analysts lowered their ratings and price targets in light of evolving market dynamics, with notable reductions from Ike Boruchow of Wells Fargo and Laura Champine from Loop Capital. Their adjustments reflect changing company performance and market conditions. Ross Stores, primarily known for its off-price retail operations under the Ross Dress for Less banner, has demonstrated solid financial health. As of April 30, 2025, the company achieved a revenue growth rate of approximately 2.61%, alongside a commendable net margin of 9.61%. Their debt-to-equity ratio remains below the industry average, a positive sign for investors. Overall, while some analysts reflect confidence in the company's future, the mixed ratings suggest that investors should remain cautious about Ross Stores' market position.