Ross Stores (NASDAQ:ROST) Reaches New 1-Year High - Time to Buy?

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Ross Stores (NASDAQ:ROST) recently achieved a new 52-week high of $217.51, following strong quarterly results that surpassed expectations, with EPS of $2.00 and revenue of $6.64 billion. Several analysts have raised their price targets, contributing to a “Moderate Buy” consensus rating. The company also increased its quarterly dividend to $0.445, signaling positive financial health despite recent insider share sales.

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