Morgan Stanley Believes Ross Stores' Solid Quarter Demands Attention
February 28, 2014 at 10:29 AM EST
In a report published Friday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Overweight rating and $84.00 price target on Ross Stores (NASDAQ: ROST ). In the report, Morgan Stanley noted, “ROST is a secular winner in the battle between moderate Department Stores and Off-Price Retail. Consumers increasingly prefer the