B of A Securities Cuts Ross Stores (ROST) Price Target to $258
Key Points
- B of A Securities lowered its price target for Ross Stores from $265 to $258 on October 27, 2026, maintaining a Buy rating.
- The stock recently traded around $229.67, which is about equal to its closing price of $229.47 on the same day.
- Ross Stores has a mean price target of $272.22 from 18 analysts, indicating a potential upside from its recent trading levels.
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On October 27, 2026, B of A Securities lowered its price target on Ross Stores, Inc. (ROST) to $258 from $265 while maintaining a Buy rating. This adjustment comes as the stock trades near $229.67, reflecting a close alignment to its event-day closing price of $229.47.
B of A Securities vs. the S&P 500
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B of A Securities' Call on Ross Stores
B of A Securities made this change to its price target, which suggests a cautious outlook while still keeping a positive rating on the stock. The new target of $258 indicates that analysts see potential for growth despite the lowered expectations, as it remains above recent trading levels.
Other Institutional Activity in Ross Stores
In recent activity, Gf Fund Management reduced its holdings by 33,154 shares, leaving it with 130,719 shares valued at about $30.5 million. Brookstone Capital Management grew its stake by 63,575 shares, totaling 64,596 shares worth approximately $15.1 million. Primecap Management Company slightly decreased its position by 65,108 shares, ending with 9,104,980 shares valued at about $2.1 billion.
Ross Stores, Inc. Stock Up 0.3%
Ross Stores recently traded at $229.67, which is about equal to its closing price on October 27, 2026. This price is below its 50-day moving average of $231.50 but above its 200-day moving average of $221.66. The stock is currently about 10.6% below its 52-week high of $257.00, indicating some room for recovery.
$ROST price target
Ross Stores, Inc. daily closes and this analyst's $258 target. Not advice.
Recent Earnings
Ross Stores reported a trailing twelve-month revenue of $24.5 billion and an EPS of $8.27. The company has shown a year-over-year revenue growth of 13.3%. The next earnings report is scheduled for November 19, 2026.
Insider Buying and Selling at Ross Stores, Inc.
Recently, several insiders sold shares of Ross Stores. Karen Sykes-Dick, an officer, sold 5,506 shares at an average price of $213.40 on March 25, 2026. William W. Sheehan II, the CFO, sold 4,883 shares at $216.95 on March 26, 2026. CEO James Grant Conroy sold 49,205 shares at $229.48 on September 14, 2026, while Stephen C. Brinkley, another officer, sold 6,424 shares at $229.66 on the same day.
Analysts Set New Price Targets
On October 27, 2026, B of A Securities lowered its price target for Ross Stores to $258 from $265 while maintaining a Buy rating. Earlier in October, UBS upgraded its rating to Buy with a target of $315, reflecting a more positive outlook compared to B of A's adjustment. The consensus among analysts gives Ross Stores a mean price target of $272.22, suggesting analysts see potential for growth from current levels.
About Ross Stores
Ross Stores, Inc. operates off-price retail apparel and home fashion stores in the U.S. under the Ross Dress for Less and dd's DISCOUNTS brands. The company offers a wide range of products for families at affordable prices. It continues to focus on providing value to middle-income and lower-income households.
Bottom Line
Investors should watch for Ross Stores' next earnings report on November 19, 2026, as it may provide insights into its performance amid changing market conditions. The recent price target adjustments by analysts highlight the ongoing evaluation of the stock's potential in the current retail landscape.
Source: B of A Securities's rating change on $ROST (Oct 27, 2026). Written by software, not financial advice. How we make alerts