{
  "id": 2370001,
  "title": "UBS raises Ross Stores stock price target on tariff refunds",
  "url": "https://urgent.news/2026/08/21/ubs-raises-ross-stores-stock-price-target-on-tariff-refunds",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-21T11:34:57.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/analyst-ratings/ubs-raises-ross-stores-stock-price-target-on-tariff-refunds-93CH-4871447"
  },
  "original_language": "en",
  "account": "UBS increased its stock price target for Ross Stores, Inc. (NASDAQ: ROST) to $239 from $232, keeping a neutral rating on the shares. The company surpassed UBS's Q2 fiscal 2026 EPS forecast by 80 cents, with a 60-cent increase stemming from tariff refunds. Ross Stores' stock is currently trading at a P/E ratio of 32, and revenue grew by nearly 12% year-over-year as of Q1 2027. The significant boost to UBS's Q2 fiscal 2026 EPS estimate comes from a 15% increase attributed to these tariff refunds. Six analysts have revised their earnings upwards for the upcoming period, identifying the retailer as overvalued relative to its fair value. UBS has also improved its second-half fiscal 2026 top-line outlook, citing strong sales trends in August. They expect higher gross margins for the full year, driven by improved merchandise margins. The Q2 benefit from tariff refunds is expected to raise UBS's fiscal 2026 operating margin by approximately 150 basis points. Additionally, UBS anticipates a 3% rise in fiscal 2027 through fiscal 2028 EPS estimates, given the stronger fiscal 2026 base. Ross Stores recently reported impressive Q2 earnings and revenue, surpassing Wall Street expectations with earnings of $2.66 per share and revenue of $6.3 billion. The company noted a 10% increase in comparable store sales, driven by higher customer traffic and spending. This strong performance has led to a higher price target from Citi, raising it to $290 from $270, while also maintaining a Buy rating.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "UBS raises Ross Stores stock price target on tariff refunds, sales",
        "url": "https://urgent.news/2026/08/21/ubs-raises-ross-stores-stock-price-target-on-tariff-refunds-sales",
        "published": "2026-08-21T11:34:54.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}