TJX price target raised to $110 from $95 at BMO Capital

BMO Capital raised the firm’s price target on TJX to $110 from $95 and keeps an Outperform rating on the shares after its Q4 results and guidance. The company saw a top-line and bottom-line beat with better comps and revenues, including strength in Home & Apparel, flowing through at a “strong” gross margin beat, the analyst tells investors in a research note. BMO adds it remains positive on the stock given its increasing importance to consumers and to brands.