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

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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, with a 52 week range of $33.99-$69.01.

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