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NewEdge Wealth LLC Increases Stock Holdings in Ross Stores, Inc. $ROST
NewEdge Wealth LLC significantly increased its stake in Ross Stores (NASDAQ:ROST) by almost doubling its holdings in the fourth quarter to 14,745 shares valued at $2.66 million. This increase follows strong quarterly results for Ross Stores, which reported earnings and revenue that exceeded expectations, alongside a raised quarterly dividend. Analysts generally maintain a “Moderate Buy” rating for the company with a consensus target price of $213.29.