Ross Stores, US7782961038

Ross Stores stock gets UBS boost as CEO targets productivity gap

Published on 11/02/2026 at 16:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Ross Stores stock is in focus after UBS turned more bullish on the retailer under CEO James Conroy. The bank sees scope for stronger sales.

UBS sees room for stronger growth

  • UBS raised Ross Stores to Buy from Neutral and lifted its price target to 315 US dollars from 239 US dollars.
  • The bank expects merchandising, store execution and marketing to help narrow the productivity gap with TJ Maxx.
  • Investors will watch whether comparable-sales momentum persists beyond the current year.
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UBS has turned more bullish on Ross Stores after identifying scope to improve store productivity under CEO James Conroy. The bank upgraded the retailer to Buy from Neutral on October 26 and raised its price target to 315 US dollars from 239 US dollars, according to CNBC.

Productivity gap drives UBS thesis

UBS sees stronger comparable-sales growth if Ross Stores can narrow its productivity gap with TJ Maxx. The investment bank points to better merchandising, tighter store execution and higher marketing effectiveness as potential levers.

Ross Stores and TJ Maxx had broadly similar store productivity in 2017, UBS said. By the end of 2025, productivity had increased 24 percent at Ross Stores and 44 percent at TJ Maxx. James Conroy joined Ross Stores in February 2025.

What changed since the prior report

The prior report on October 30 cited a Lang & Schwarz quote of 210.93 euros. Ross Stores stock traded at 204.60 euros on Lang & Schwarz at 4:42 p.m. CET on Monday, November 2, 2026. That is 3.00 percent lower than the prior report's quote and is a report-to-report comparison.

UBS expects Ross Stores to generate revenue growth at a compound annual rate of roughly 8.5 percent over the next two years, about 260 basis points above the Street consensus cited by CNBC. The estimate is an analyst forecast, not company guidance.

Investors can follow the real-time quote of Ross Stores stock for the latest trading indication.

The broader US market context is available in the S&P 500 market reports.

More news and analyses on Ross Stores stock are available in the company topic.

Ross Stores, Inc.

  • ISIN: US7782961038
  • Ticker: ROST
  • Lang & Schwarz quote: 204.60 euros at 4:42 p.m. CET on November 2, 2026
  • UBS rating: Buy, raised from Neutral on October 26, 2026
  • UBS price target: 315 US dollars, raised from 239 US dollars
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