Jefferies analyst Corey Tarlowe raised the firm’s price target on TJX (TJX) to $145 from $140 and keeps a Buy rating on the shares. After having met with TJX management and touring stores near the headquarters, the firm felt that management’s tone was “positive and excited about the current Holiday season,” the analyst tells investors. Based on foot traffic data, the firm believes TJX is best positioned to continue to drive comp growth in Off-Price, the analyst added.
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Read More on TJX:
- 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
- TJX price target raised to $131 from $130 at Deutsche Bank
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
