UPDATE: Citigroup Reiterates on Ross Stores as Good Bargains Need to Get Even More Compelling

In a report published Friday, Citigroup analyst Oliver Chen reiterated a Neutral rating on Ross Stores (NASDAQ: ROST ), and raised the price target from $75.00 to $77.00. In the report, Citigroup noted, “ROST is preparing for the most intensively competitive and promotional selling period in recent years and thus