Morgan Stanley analyst Alex Straton raised the firm’s price target on TJX (TJX) to $140 from $133 and keeps an Overweight rating on the shares. Q1 came with some headline key performance indicator volatility, but the firm thinks management “sufficiently quelled concerns” and views Q1 as “a strong quarter in aggregate,” the analyst tells investors. The firm continues to see upside to fiscal year guidance, the analyst added.
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