Goldman Sachs analyst Brooke Roach raised the firm’s price target on TJX (TJX) to $170 from $163 and keeps a Buy rating on the shares. TJX reported strong Q3 results and raised FY26 guidance, as the company continues to retain its value proposition scores while implementing successful targeted pricing actions across nearly all categories, the analyst tells investors in a research note. TJX’s Q3 results and constructive forward commentary emphasize the favorable positioning of the off-price industry and TJX’s portfolio of brands in a dynamic macro backdrop, the firm says.
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