TJX price target raised to $162 from $159 at Morgan Stanley

Morgan Stanley analyst Alex Straton raised the firm’s price target on TJX (TJX) to $162 from $159 and keeps an Overweight rating on the shares. Q3 outperformance a fiscal year guidance raise were appreciated into the print, resulting in about a flat trading outcome, but the firm continues to see upside to revised guidance, the analyst tells investors in a post-earnings note.