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Ross Stores beat earnings estimates, saw increased investments, yet faced some stake reductions.
Oak Ridge Investments LLC increased its Ross Stores shares by 10.6%, while other firms like State Street Corp and Geode Capital Management adjusted their stakes.
Ross Stores reported a $1.48 EPS, beating estimates, and a 3.6% rise in quarterly revenue.
The stock has an average "Moderate Buy" rating and a target price of $171.29.
Despite positive earnings, some investors like Nexus Investment Management ULC reduced their holdings.
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Ross Stores superó las estimaciones de ingresos, vio aumentar las inversiones, pero se enfrentó a algunas reducciones de participación.