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.
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Read More on TJX:
- TJX price target raised to $143 from $140 at Baird
- TJX price target raised to $140 from $133 at Morgan Stanley
- Resilient Market Position and Strategic Advantages Justify Buy Rating for TJX Companies
- TJX price target raised to $164 from $154 at UBS
- TJX Companies: Solid Performance Amid High Valuation and Margin Concerns Justifies Hold Rating
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