Wells Fargo raised the firm’s price target on TJX (TJX) to $120 from $115 and keeps an Equal Weight rating on the shares. Considering China tariffs being lowered to 30% from 145% and the ramifications this should have on the space, the firm again re-scrubs its models and updates estimates to incorporate all relevant variables at this time.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TJX:
- TJX Companies Amends Credit Facilities for Financial Flexibility
- TJX price target lowered to $133 from $136 at Morgan Stanley
- TJX price target lowered to $115 from $125 at Wells Fargo
- TJX price target lowered to $141 from $142 at Goldman Sachs
- TJX Companies Stock Gains Analysts’ Buy Ratings Against Tariff Woes