Rose's (ROSTcrouchingtigerandhiddendragon.US) gapped higher, rising more than 9% to 144 in the sessioncrouchingtigerandhiddendragon37 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.crouchingtigerandhiddendragonEarnings per share of $1.46, higher than the same period last yearcrouchingtigerandhiddendragonAt $1.09, it was also higher than 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;

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;

crouchingtigerandhiddendragon| 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.

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.