UBS Maintains a 'Buy' on The TJX Companies (TJX); 2H Off to a Strong Start; Remains Top Pick

UBS maintains a 'Buy' on The TJX Companies (NYSE: TJX) price target of $50.00.

Yesterday, TJX Cos. (NYSE: TJX) reported Q213 EPS of $0.56, $0.01 better than the analyst estimate of $0.55. Sales were $5.95 billion, versus the consensus of $5.99 billion.

Comps up 7 percent; Sees Q3 EPS of $0.56 - $0.59 and comps up 2 - 4%; Boosts FY13 EPS Outlook to $2.39 - $2.45, from $2.38 - $2.44 and the consensus of $2.46.

For an analyst ratings summary and ratings history on The TJX Companies click here. For more ratings news on The TJX Companies click here.

Shares of The TJX Companies closed at $45.03 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Citi Downgrades UBS AG (UBSG:SW) (UBS) to Neutral
• Quest Diagnostics (DGX) PT Raised to $145 at Evercore ISI
• Fiserv (FI) PT Raised to $200 at Evercore ISI