Bank of America Securities analyst Lorraine Hutchinson has maintained their bullish stance on TJX stock, giving a Buy rating today.
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Lorraine Hutchinson’s rating is based on TJX Companies’ impressive performance and strategic positioning in the market. The company concluded the year with a notable 5% increase in comparable store sales during the fourth quarter, surpassing expectations across all divisions and achieving a strong gross margin improvement. The guidance for fiscal year 2026 anticipates a 5-7% EPS growth, excluding foreign exchange impacts, which suggests a conservative outlook that could be exceeded.
Furthermore, TJX’s ability to gain market share in a challenging environment is a key factor in maintaining the Buy rating. The company’s strong sales and margin performance, driven by lower shrink and effective cost management, further reinforce its competitive advantage. Despite some short-term guidance being below consensus due to timing shifts and incentive compensation accruals, TJX’s long-term growth algorithm remains consistent, supporting the positive outlook for its stock.
According to TipRanks, Hutchinson is a 4-star analyst with an average return of 5.9% and a 54.06% success rate. Hutchinson covers the Consumer Cyclical sector, focusing on stocks such as Nike, TJX Companies, and Lululemon Athletica.
In another report released today, Telsey Advisory also maintained a Buy rating on the stock with a $145.00 price target.