10:20 AM EST, 11/21/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month price target by $10 to $175, based on 25x our FY 27 EPS estimate and above the company's three-year average forward P/E multiple of 22.6x, reflecting our view that off-price continues to benefit from a weak low- to middle-income consumer and is deserving of an elevated multiple. We raise our FY 26 EPS estimate by $0.25 to $6.45 and FY 27 by $0.40 to $7.00. We lower our opinion as we think shares are fairly valued. Ross Stores Inc. ( ROST ) posted normalized Q3 FY 26 EPS of $1.58 vs. $1.48 last year, $0.17 above consensus estimates on revenues of $5.6 billion vs. $5.1 billion in Q3 FY 25 and $191 million above estimates. ROST said comparable store sales increased 7% Y/Y, which was better than the 5% growth from competitor The TJX Companies Inc. (TJX 150 **). Management said strong back-to-school trends continued throughout the quarter, and the company entered the holiday season with strong momentum.