BofA raised the firm’s price target on TJX (TJX) to $145 from $135 and keeps a Buy rating on the shares after having met with the company’s CEO and CFO at TJX headquarters in Massachusetts. The firm, which notes that it views TJX as “a market share gainer that is well positioned to benefit from trade-down,” rolled its valuation year forward, contributing to its price target increase.
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Read More on TJX:
- TJX price target raised to $145 from $140 at Jefferies
- TJX price target raised to $138 from $132 at TD Cowen
- TJX price target raised to $138 from $133 at Baird
- Ross Stores price target raised to $180 from $170 at Evercore ISI
- TJX price target raised to $132 from $130 at TD Cowen
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
