Rose's (ROSTlaketrout.US) gapped higher, rising more than 9% to 144 in the sessionlaketrout37 dollars, the stock price hit a new high since April 2.

Ross's released results showing that sales in the first quarter of 2024 were US$4.86 billion, a year-on-year increase of 8.1%, slightly higher than analysts 'expectations.laketrout$4.83 billionlaketroutEarnings per share were $1.46, up from $1.09 in the same period last year and above analysts 'expectations of $1.36.

After the announcement of exceeded expectations, several investment banks raised their target prices, including:

TD Cowan: Maintain its buy rating and raise its target price from $173 to $176;

laketrout| U.S. stock changes 丨 Ross's rose 9.1%. After the announcement of exceeded expectations, several major banks raised their target prices, and was quoted by Morgan Stanley as high as US1.

Citigroup: Maintain its buy rating and maintain its target price of $172;

Bank of America Securities: Maintain buy rating and maintain target price of US$170;

Barclays Bank: Maintain its buy rating and raise its target price from $163 to $165;

Morgan Stanley: Maintain its buy rating and raise its target price to $161 from $159.

UBS: Maintain its neutral rating and raise its target price from $145 to $147.