Glonghui, May 24 | ROST.US (ROST.US) jumped out of the air. At one point, it surged more than 9% to 144.37 US dollars during the intraday period, and the stock price hit a new high since April 2. According to the results announced by Ross Department Store, sales for the first quarter of 2024 were 4.86 billion US dollars, up 8.1% year on year, slightly higher than analysts' expectations of 4.83 billion US dollars; earnings per share were 1.46 US dollars, higher than 1.09 US dollars in the same period last year, and higher than analysts' expectations of 1.36 US dollars. After the announcement of results exceeding expectations, several investment banks raised their target prices, including: TD Cowen: maintaining the buying rating and raising the target price from $173 to $176; Citibank: maintaining the buying rating and maintaining the target price of $172; Bank of America Securities: maintaining the buying rating, maintaining the target price of $170; Barclays: maintaining the buying rating and raising the target price from $163 to $165; Morgan Stanley: maintaining the buying rating and raising the target price from $159 to $161. UBS: Maintaining a neutral rating, raised the target price from $145 to $147.
美股异动丨罗斯百货涨9.1%，超预期业绩公布后获多家大行上调目标价，获大摩看高至161美元
Changes in US stocks | Rose Department Store rose 9.1%. After announcing results that exceeded expectations, many major banks raised their target prices, and it was as high as 161 US dollars in Damo
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