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Fly News Breaks for May 25, 2018
ROST
May 25, 2018 | 07:02 EDT
Deutsche Bank analyst Paul Trussell views today's post-earnings weakness in shares of Ross Stores as a buying opportunity. The company posted a Q1 earnings beat in addition to increased fiscal 2018 guidance, but the print failed to meet elevated expectations, Trussell tells investors in a research note. He lowered his price target for the shares to $91 from $94 and keeps a Buy rating on Ross.
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