Goldman Sachs Downgrades The TJX Companies (TJX) to Neutral

Goldman Sachs downgraded The TJX Companies (NYSE: TJX) from Conviction Buy to Neutral with a price target of $72.

The firm said their thesis has unfolded. While TJX remains a secular share gainer, they only see 8% upside.

Polo Ralph Lauren (NYSE: RL) was added to Goldman's Conviction Buy List instead.

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 $66.46 yesterday.

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