7/1010 sources · 8 publishersUpdated Oct 26, 19:09 UTC
UBS upgrades Ross Stores to Buy on store productivity potential
UBS upgraded Ross Stores from Neutral to Buy on October 26, 2026, and raised its price target to $315 from $239. UBS expects Ross Stores to narrow its store productivity gap with TJX through stronger merchandising, operations and marketing. The bank forecasts approximately 8.5% annual revenue growth over the next two years and approximately 15% annual EPS growth.
Why it matters
The upgrade raises UBS's valuation view of Ross Stores and signals that the bank expects stronger sales and earnings revisions as productivity improves. The $315 target is UBS's assessment, not a guaranteed outcome.
Key facts
- 1UBS raised its Ross Stores price target to $315 from $239 while changing its rating from Neutral to Buy. investing.com
- 2UBS forecasts approximately 8.5% annual revenue growth over the next two years. finance.yahoo.com
- 3UBS's financial year 2028 EPS estimate is 9% above consensus. finance.yahoo.com
- 4UBS's forecasts imply approximately 15% annual EPS growth. finance.yahoo.com
- 5Ross Stores' store productivity increased 24% by the end of 2025, compared with 44% for TJX. finance.yahoo.com
- 6UBS raised the valuation multiple used for Ross Stores to 29 times from 27 times. investing.com
Open questions
- Material 5 describes UBS's prior rating as Hold, while the other materials describing the upgrade identify it as Neutral.
Summary written by AlphAI AI Desk from 10 of 10 sources. Not investment advice. Figures are as stated by the linked sources.