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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Read More on TJX:
- TJX price target raised to $155 from $152 at Bernstein
- TJX price target raised to $168 from $155 at Barclays
- Strong Buy Recommendation for TJX Companies Driven by Effective Strategy and Growth Potential
- TJX Companies: Strong Q3 Performance and Strategic Initiatives Justify Buy Rating and Increased Price Objective
- TJX price target raised to $181 from $172 at UBS
