Goldman Sachs Added TJX Companies (TJX) to their Conviction Buy List

October 6, 2009 6:51 AM EDT

Goldman Sachs added TJX Companies (NYSE: TJX) to their Conviction Buy List with a $43 price target. The firm said the stock's valuation is like a defensive discretionary retailer, however its earnings upside potential is more like a discretionary retailer. The firm said the stock is too cheap to ignore.


The TJX Companies, Inc. operates as an off-price retailer of apparel and home fashions in the United States and internationally.

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