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.
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- 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
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