Ross Stores Surges to 167th in Daily Rankings with 9.84 Billion Turnover

On April 9, 2025, Ross Stores (ROST) saw a significant surge in trading volume, with a turnover of 9.84 billion, marking a 106.69% increase from the previous day. This substantial rise placed Ross Stores at the 167th position in the daily stock market rankings, reflecting a notable 7.96% increase in its stock price.

Wells Fargo has upgraded its outlook for Ross Stores, changing its rating from Equal-Weight to Overweight. This upgrade was driven by the company's defensive nature, strong valuation support, and strategic levers in place. The new price target for Ross Stores has been set at $150, up from the previous target of $140. This positive outlook from Wells Fargo is expected to bolster investor confidence in Ross Stores, potentially leading to further gains in its stock price.