TD Cowen analyst John Kernan raised the price target on The TJX Companies (NYSE: TJX) to $151.00 (from $145.00) while maintaining a Buy rating.

The analyst comments "Price Target increasing to $151, representing 30x our above consensus FY27E EPS of $5.04, and ~20x EV/EBITDA. While TJX's current Fy2 PE valuation of 27x is above its five-year avg. of 22x, we think the premium multiple can continue to be supported given the retailer's high-quality results within the large cap peer set of consumer discretionary peers it trades in line with."