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TJX price target raised to $162 from $160 at TD Cowen

TD Cowen analyst John Kernan raised the firm’s price target on TJX (TJX) to $162 from $160 and keeps a Buy rating on the shares. The firm updated it model heading into Q3 results where their channel checks suggest high execution for TJX SSS and margin prospects in a macro that plays to Off-Price retail strengths, value/convenience.

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