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TJX price target raised to $168 from $150 at BofA

BofA analyst Lorraine Hutchinson raised the firm’s price target on TJX (TJX) to $168 from $150 and keeps a Buy rating on the shares after the company beat on sales and margins in Q3, raised guidance and spoke to a strong start to Q4. The firm, which is increasing its FY26 and FY27 EPS estimates by 2% and 3%, respectively, contends that the consistency seen at TJX is “rare and should allow for continued multiple expansion.”

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