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Fly News Breaks for September 11, 2018
ROST
Sep 11, 2018 | 06:52 EDT
Barclays analyst Chethan Mallela started Ross Stores with an Equal Weight rating and $106 price target. The company has a "solid revenue growth runway," but the magnitude of earnings flow-through is less clear, Mallela tells investors in a research note. The analyst needs better visibility to margin stabilization and expansion before getting more constructive on the shares.
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