Ross Stores Upgraded to "Outperform" at Credit Suisse (ROST)

Ross Stores Upgraded to “Outperform” at Credit Suisse (ROST)


Discount apparel retailer Ross Stores, Inc. (ROST) on Thursday received a big upgrade from analysts at Credit Suisse.

The firm boosted its rating on ROST from “Neutral” to “Outperform” and lifted its price target from $60 to $68. That new target suggests a 15% upside to the stock’s Wednesday closing price of $59.09.

Ross Stores shares rose $1.42, or +2.4%, in Thursday morning trading. The stock has risen about 16% in the past year.

The Bottom Line
Shares of Ross Stores (ROST) have a .95% dividend yield, based on last night’s closing stock price of $59.09. The stock has technical support in the $53-$55 price area. If the shares can firm up, we see overhead resistance around the $63-$65 price levels.

Ross Stores, Inc. (ROST) is not recommended at this time, holding a DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Free Updates

Join over 100,000 investors who get the latest news from

Best Dividend Stocks

Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the:

Best Dividend Stocks

Partner Center

Best CD Rates

Sitting on some extra cash and looking for the most current and profitable CD Rates?

Get The Best CD Rates

14 Day Free Trial

Earn more from your dividend portfolio within the next 14 days.

Sign Up Today