TJ Maxx parent raises annual profit forecast after strong second quarter

Go back to TJ Maxx parent raises annual profit forecast after strong second quarter

The TJX Companies (TJX) PT Raised to $140 at Loop Capital

August 22, 2024 8:54 AM EDT

Loop Capital analyst Laura Champine raised the price target on The TJX Companies (NYSE: TJX) to $140.00 (from $125.00) while maintaining a Buy rating.

The analyst comments "We are maintaining our Buy rating and raising our price target for TJX from $125 to $140 following a quarterly report... More

The TJX Companies (TJX) PT Raised to $128 at Baird

August 22, 2024 6:44 AM EDT

Baird analyst Mark R. Altschwager raised the price target on The TJX Companies (NYSE: TJX) to $128.00 (from $113.00) while maintaining a Outperform rating.

The analyst comments "Maintain Outperform rating. Consistent with positive checks through FQ2, TJX delivered +1%/+4% comp/earnings upside, largely fueled by comp acceleration at... More

Citi Downgrades The TJX Companies (TJX) to Neutral

August 22, 2024 6:38 AM EDT

Citi analyst Paul Lejuez downgraded The TJX Companies (NYSE: TJX) from Buy to Neutral with a price target of $128.00 (from $110.00).

The analyst comments "We are downgrading TJX from Buy to Neutral, though raising our TP from $110 to $128 (7% upside). The TJX... More

The TJX Companies (TJX) PT Raised to $135 at BofA Securities

August 22, 2024 6:22 AM EDT

BofA Securities analyst Lorraine Hutchinson raised the price target on The TJX Companies (NYSE: TJX) to $135.00 (from $115.00) while maintaining a Buy rating.

The analyst comments "We reiterate our Buy rating following a particularly strong quarter, supporting our view that TJX is a... More

The TJX Companies (TJX) PT Raised to $129 at Morgan Stanley

August 22, 2024 5:43 AM EDT

Morgan Stanley analyst Alex Straton raised the price target on The TJX Companies (NYSE: TJX) to $129.00 (from $122.00) while maintaining a Overweight rating.

The analyst comments "Fundamental beat & raise was well-anticipated, but seemingly incremental conviction that margins have permanently stepped up, coupled with... More

The TJX Companies (TJX) PT Raised to $138 at Evercore ISI

August 22, 2024 5:18 AM EDT

Evercore ISI analyst Michael Binetti raised the price target on The TJX Companies (NYSE: TJX) to $138.00 (from $126.00) while maintaining a Outperform rating.

The analyst comments "TJXs 2Q Clinic on Over-Delivering and Under-Promising for 2H: This quarter was the biggest statement... More

The TJX Companies (TJX) PT Raised to $115 at Wells Fargo

August 22, 2024 5:05 AM EDT

Wells Fargo analyst Ike Boruchow raised the price target on The TJX Companies (NYSE: TJX) to $115.00 (from $100.00) while maintaining a Equal Weight rating.

The analyst comments "Puts and Takes on Guide. Mgmt highlighted 3Q was "off to a strong start" while... More

The TJX Companies (TJX) PT Raised to $140 at Jefferies

August 21, 2024 4:01 PM EDT

Jefferies analyst Corey Tarlowe raised the price target on The TJX Companies (NYSE: TJX) to $140.00 (from $130.00) while maintaining a Buy rating.

The analyst comments "Comp growth of +4% came in ahead of cons., driven entirely by increased customer transactions. Due to the strong top-line... More