BofA raised the firm’s price target on TJX to $115 from $110 and keeps a Buy rating on the shares following what the firm calls “another strong quarter.” The Q4 results give the firm further conviction that TJX is “a market share gainer poised to benefit from plentiful inventory availability and trade-down,” the analyst tells investors in a post-earnings note.
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Read More on TJX:
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- TJX price target raised to $120 from $110 at Piper Sandler
