UPDATE: TJX Cos. (TJX) Tops Q4 EPS by 3c, Hikes Dividend; Plans Wage Increase

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Go back to UPDATE: TJX Cos. (TJX) Tops Q4 EPS by 3c, Hikes Dividend; Plans Wage Increase

UPDATE: MKM Partners Downgrades The TJX Companies (TJX) to Neutral

February 26, 2015 7:59 AM EST

(Updated - February 26, 2015 11:15 AM EST)

MKM Partners downgraded The TJX Companies (NYSE: TJX) from Buy to Neutral with a price target of $68.00 (from $74.00). The change follows Q4 results and guidance. Analyst Patrick McKeever said he was concerned about valuation in the off-price space.

"TJX delivered an upside 4Q14,... More