TJX price target raised to $145 from $137 at TD Cowen

TD Cowen raised the firm’s price target on TJX (TJX) to $145 from $137 and keeps a Buy rating on the shares. The firm met with TJX management for meetings and left incrementally more confident in the set up for FY26 and FY27 in terms of Marmaxx, Homegoods, and TJX Canada’s ability to drive comps, value to the consumer and 2H Gross margin that renders guidance FY26 fairly conservative.