Cowen Raises Price target on TJX Cos. (TJX) Following 2Q EPS Beat
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UBS Raises Price target on TJX Cos. (TJX) Headed into the 2H
August 19, 2015 9:57 AM EDTUBS reiterated a Buy rating on The TJX Companies (NYSE: TJX), and raised the price target to $85.00 (from $78.00), headed into 2H. Analyst Michael Binetti thinks that the combination of sluggish SSS at mid-tier d-stores, & TJX's ongoing strong merchandise offering, positions the company well for... More
Stifel Affirms TJX Cos. (TJX) at 'Buy'; Q2 Results Solid, Q3 Outlook Impacted by FX, Pension Costs
August 18, 2015 9:52 AM EDTStifel affirms The TJX Companies, Inc. (NYSE: TJX) with a Buy rating and $78 price target following Q2 results issued earlier Tuesday.
Analyst Richard Jaffe noted that TJX's Q2 EPS of $0.80 came in 4 cents above the firm's and consensus EPS estimates. The analyst commented,... More
TJX Cos. (TJX) Tops Q2 EPS by 4c, Comps Increase 6%, Updates Q3 & FY Guidance
August 18, 2015 8:38 AM EDTTJX Cos. (NYSE: TJX) reported Q2 EPS of $0.80, $0.04 better than the analyst estimate of $0.76. Revenue for the quarter came in at $7.4 billion versus the consensus estimate of $7.26 billion. Comps increases 6%.
TJX Cos. sees FY2015 EPS of $3.24-$3.28, versus prior guidance of $3.21-$3.27 and the consensus of $3.30.
TJX Cos. sees Q3 2015 EPS of $0.80-$0.82, versus the consensus of $0.89.
Third Quarter and Full Year Fiscal 2016 Outlook
For the third quarter of Fiscal 2016, the Company expects diluted earnings per... More
Wal-Mart, materials shares drag Wall St. lower
August 18, 2015 7:25 AM EDTBy Rodrigo Campos
(Reuters) - U.S. stocks fell on Tuesday, with the S&P 500 trading in its tightest daily range in nearly a month, weighed down by earnings-related selling in Wal-Mart and a drop in commodity stocks on concerns about China's economy.
Wal-Mart (NYSE: WMT) fell 3.4 percent to close at $69.48, its lowest in nearly 2-1/2 years, after its profit missed estimates and it cut its outlook.
Chinese stocks fell more than 6 percent overnight. Fears that Beijing may be intent on a deeper devaluation of the yuan pushed oil prices and industrial... More
