TJX price target raised to $128 from $115 at Telsey Advisory

Telsey Advisory analyst Dana Telsey raised the firm’s price target on TJX to $128 from $115 and keeps an Outperform rating on the shares. With the “strong” start to the year and momentum continuing into Q2, the firm believes the company’s value proposition is resonating with consumers and is well positioned this fiscal year, the analyst tells investors.