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Ross Stores rises after Q1 results beat; brokerages raise PTs



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** Shares of off-price retailer Ross Stores ROST.O up 7.7% at $142.01 premarket

** Company reports Q1 EPS of $1.46 vs LSEG estimate of $1.35 during aftermarket hours on Thursday

** Reports sales of $4.9 bln, also beating estimate of $4.83 bln - LSEG data

** Morgan Stanley and Wells Fargo, among several others, raise PTs

** Morgan Stanley raises PT to $161 from $159 and Wells Fargo raises PT to $160 from $150

** Of 23 analysts covering ROST stock, 19 rate "buy" or higher and four "hold"; median PT of $165 - LSEG data

** YTD, stock is down ~4.7%



Reporting by Jaiveer Singh Shekhawat in Bengaluru

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