Ross Stores outlook lowered at Morgan Stanley: Morgan Stanley said it is lowering its estimates on ROST for 2005 to $1.14 a share from $1.62 a share. Target price cut to $35 a share. Company reported a penny below expectations due to a slightly higher than expected expense ratio.http://www.thestreet.com/_yahoo/markets/marketfeatures/10253424_5.htmlThe company earned $1.20 last year. The stock is down 10.5% over the last 52 weeks but is $3 above its price at the end of September (the 52 week low).W.D.
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