UPDATE: Credit Suisse Downgrades Ross Stores on Strong Economic Model, But Has Reached Price Target
December 04, 2013 at 11:30 AM EST
In a report published Wednesday, Credit Suisse analyst Michael Exstein downgraded the rating on Ross Stores (NASDAQ: ROST ) from Outperform to Neutral, but reiterated the $75.00 price target. In the report, Credit Suisse noted, “We continue to view ROST as a great economic business model that happens to be