TJX price target raised to $140 from $130 at Wells Fargo

Wells Fargo raised the firm’s price target on TJX (TJX) to $140 from $130 and keeps an Equal Weight rating on the shares. The firm is also raising Q3 estimates. Comparable sales trends appear to have been strong and very consistent throughout the entire quarter, likely fueling another robust comp/EPS beat and raise in Q3, Wells argues.