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Fly News Breaks for November 25, 2019
ROST
Nov 25, 2019 | 09:15 EDT
DA Davidson analyst John Morris raised his price target on Ross Stores to $113 after its Q3 earnings beat, with the quarter highlighted by the company's "broad-based" execution and incremental improvement in its Women's category. The analyst still keeps his Neutral rating on the stock, reflecting the management's "conservative" Q4 guidance due to shorter Holiday shopping season and strong annualized same-store sales comparisons.
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