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Upcoming earnings report from Ross Stores prompts top analysts to adjust their forecasts.

ResultsRead the original at benzinga.com
Good for ROST

Analysts expect ROST to report increased earnings and revenue, which could positively influence stock performance.

ROST · Ross Stores, Inc.

AI read · Good for ROST

The AI's read

ROST reports after the bell with analysts penciling in a clear EPS and revenue beat and fresh store openings. Several firms have lifted price targets ahead of the print, so expectations are skewed positive. The stock barely moved on the preview, down about 0.7% with RSI in the low 50s, so the market hasn't priced a big upside move yet. Top analyst targets imply double-digit upside versus minimal downside to the lowest targets, so asymmetry favors the upside. Our take: we lean bullish into the print because consensus upgrades plus store growth create an idiosyncratic edge. Keep position sizing tight in this choppy market, but the setup looks tilted toward upside if results match or beat estimates.

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