This morning, Goldman Sachs added shares of Ross Stores (NASDAQ:ROST) to its Conviction Buy List as the company is able to generate earnings growth of 15% per year and is expanding rapidly. In the report, Goldman set a $83 price target. Shares of Ross Stores were flat today, trading just below $72 per share.
Citigroup increased its price target on shares of Kroger (NYSE:KR) to $47 as strategic initiatives could help push the stock price higher. Shares of Kroger lower on Wednesday, falling 0.2% despite the report.
And Robert Baird upgraded shares of Infosys (NYSE:INFY) from neutral to outperform as both currency trends and macroeconomic conditions will help improve earnings. Shares of Infosys were higher by 1.2% today.
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