TJX price target raised to $85 from $84 at Cowen

Cowen analyst John Kernan raised the firm’s price target on TJX to $85 from $84 and keeps an Outperform rating on the shares. The analyst met with management and said its opportunities across apparel, footwear, accessories, home, beauty, and kids are improving and his conviction in the model and 12% EPS CAGR has increased.