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Fly News Breaks for February 3, 2020
ROST
Feb 3, 2020 | 16:21 EDT
BMO Capital analyst Simeon Siegel initiated coverage of Ross Stores (ROST) with an Outperform rating and $130 price target. Management has driven sales through diverse brands at compelling prices, and with no e-commerce, $10 average price-points and high cash tender, Ross has proven insulated from Amazon's (AMZN) threat, Siegel tells investors in a research note.
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