TJX price target raised to $110 from $103 at Citi

Citi analyst Paul Lejuez raised the firm’s price target on TJX to $110 from $103 and keeps a Buy rating on the shares post the Q3 report. The analyst says the company’s sales trends remain very strong, particularly at MarMaxx and HomeGoods. TJX is gaining new customers and taking share, which should continue as more retailers close stores, the analyst tells investors in a research note. Citi thinks the company can continue to beat consensus forecasts.