Wells Fargo analyst Ike Boruchow raised the firm’s price target on TJX (TJX) to $145 from $140 and keeps an Equal Weight rating on the shares. The firm cites another strong print. TJX continues to perform, strong comparable sales and now offsetting tariff impacts, benefiting from an outstanding buying environment with revenue/gross margin upside, Wells adds. Valuation remains the issue, but story still working with a strong start to Q4, the firm argues.
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