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Ross Stores price target raised to $276 on strong Q2 growth outlook and earnings beat history.

Analyst Insights
17 Aug 2026
Tony Dante
View Source
Bullish
pluang ai news

Evercore ISI raised Ross Stores' price target to $276, suggesting a 12.5% upside from its current $245.36 price. The boost reflects strong expectations for Q2, with projected revenues of $6.10 billion (up 10.7%) and earnings per share of $1.92 (up 23.1%). Ross Stores, known for its off-price retail chain Ross Dress for Less, has a consistent record of beating earnings estimates by an average of 10.2% over the past year, driven by store expansion and value-focused customers. The company aims for 6-7% comparable store sales growth and an operating margin near 13%, though inflation risks remain.

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