On Dec 06, major Wall Street analysts update their ratings for $TJX Companies (TJX.US)$, with price targets ranging from $127 to $145.
BofA Securities analyst Lorraine Hutchinson maintains with a buy rating, and adjusts the target price from $135 to $145.
Barclays analyst Adrienne Yih maintains with a buy rating, and maintains the target price at $136.
Jefferies analyst Corey Tarlowe maintains with a buy rating, and adjusts the target price from $140 to $145.
Evercore analyst Michael Binetti maintains with a buy rating, and maintains the target price at $142.
TD Cowen analyst John Kernan maintains with a buy rating, and adjusts the target price from $132 to $138.
Furthermore, according to the comprehensive report, the opinions of $TJX Companies (TJX.US)$'s main analysts recently are as follows:
The sentiment towards TJX was described as 'positive and excited about the current Holiday season' by analysts after engaging with the company's management and inspecting stores close to its headquarters. Analysts have deduced from foot traffic data that TJX is well-positioned to persist in driving comparative growth in the Off-Price sector.
Following a recent annual meeting, increased optimism has been expressed regarding the market share opportunities presented by the company's banners, which are expected to positively influence sales, margins, and EPS.
Recent conversations with management have highlighted confidence regarding share gains, attractive assortments, sustained marketing momentum, and increased customer traffic, suggesting that the company is positioned for a robust ending to the year.
Here are the latest investment ratings and price targets for $TJX Companies (TJX.US)$ from 8 analysts:
Note:
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