UBS raised the firm’s price target on TJX (TJX) to $181 from $172 and keeps a Buy rating on the shares following the Q3 earnings report. UBS believes TJX is capable of taking major market share from Department Store peers over the next few years, and thinks TJX’s newer businesses such as HomeSense and Sierra Trading Post have significant potential, as does its international operation, particularly given its plan to enter Spain with its TK Maxx banner in Spring 2026, the analyst tells investors in a research note. UBS sees TJX delivering an 11% 5-year. EPS CAGR.
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