tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

TJX price target raised to $150 from $140 at Loop Capital

Loop Capital analyst Laura Champine raised the firm’s price target on TJX (TJX) to $150 from $140 and keeps a Buy rating on the shares. The firm cites the company’s “slight upside” with its Q1 results as comps rose 3%, adding however that TJX will see profit margins impacted in Q2 by tariffs on products to which they were already committed on Liberation Day. Loop is modeling a nine-cent hit to EPS relative to its prior model due to tariffs.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1