Barclays raised the firm’s price target on TJX (TJX) to $155 from $147 and keeps an Overweight rating on the shares post the Q2 report. The company reported Q2 comps of up 4%, driven by transactions, and a beat on sales and earnings, the analyst tells investors in a research note. The firm says TJX’s Q3 guidance is below consensus, which is consistent with management’s conservative guidance style, leaving room for upside.
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