BMO Capital Reiterates Outperform Rating on The TJX Companies (TJX)

BMO Capital analyst Simeon Siegel reiterated an Outperform rating and $110.00 price target on The TJX Companies (NYSE: TJX).

The analyst commented, "TJX reported a slight top-line miss (with ongoing transaction-driven comps), but a bottom-line beat (better SGA, Interest Income, and Tax). Looking ahead, management noted 2Q being "off to a good start," and, per usual (see our Guide to Guidance) introduced below-Street 2Q EPS guidance, but raised its FY. We continue to favor TJX given its increasing importance to consumers and, more importantly, to brands."

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 $101.12 yesterday.

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