T.J. Maxx owner lowers profit, sales forecast as consumers cut spending
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The TJX Companies (TJX) PT Raised to $77 at Cowen
August 18, 2022 6:28 AM EDTCowen analyst John Kernan raised the price target on The TJX Companies (NYSE: TJX) to $77.00 (from $72.00) while maintaining an Outperform rating following earnings. The analyst notes that management is bulled up on inventory availability and merch margin opportunity.
The analyst commented, "Management's... More
