Deutsche Bank Maintains Hold Rating On Ross Stores

According to Deutsche Bank, Ross Stores ROST Hold rating is maintained. Deutsche Bank said that with 2Q comps and EPS already pre-announced ahead of last Thursday's release, leading in to that earnings report investors were looking for FY11 EPS guidance at or above $5.41. “For FY11, we maintain our EPS forecast at $5.45, though we lowered 3Q to $1.07 from $1.15, offset by raising 4Q to $1.61 from $1.54.” Ross Stores closed yesterday at $70.89.