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TJX price target raised to $142 from $140 at TD Cowen

TD Cowen raised the firm’s price target on TJX (TJX) to $142 from $140 and keeps a Buy rating on the shares. The firm said the reduction in China tariff rates was a huge relief given the size of TJX’s vendor exposure to China and the Off-Price buying environment into 2H:25 should be strong given supply chain and tariff disruption.

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