Ross Stores (NASDAQ:ROST) Hits New 1-Year High Following Analyst Upgrade

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Ross Stores (NASDAQ:ROST) shares hit a new 52-week high after Telsey Advisory Group increased its price target from $175 to $220. The stock traded as high as $204.85 and closed at $203.16. Analyst sentiment for ROST is largely positive, with a “Moderate Buy” consensus rating and an average target price of $195.78, indicating strong institutional ownership and market momentum.

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