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

This stock is one of Morgan Stanley's top Retail Overweight calls

August 22, 2024 6:00 PM EDT

Morgan Stanley analysts reaffirmed their confidence in one retailer in a note Thursday, positioning it as one of their top Retail Overweight calls.

The analysts cite TJX Cos. (NYSE: TJX) strong second-quarter performance, which was highlighted by a "clean beat and raise," as evidence of the company's strengthened margin profile and continued market dominance.

TJX's Q2 earnings... More

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 $136 at Barclays

August 22, 2024 5:13 AM EDT

Barclays analyst Adrienne Yih raised the price target on The TJX Companies (NYSE: TJX) to $136.00 (from $114.00) while maintaining a Overweight rating.... 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

Increasing unusual call option volume: BBAI LUNR HA PSEC PAGS TGT GRMN COTY DSX TJX GRAB MKC

August 21, 2024 9:49 AM EDT

Increasing unusual call option volume: BBAI LUNR HA PSEC PAGS TGT GRMN COTY DSX TJX GRAB MKC

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TJX beats top and bottom line estimates in Q2, hikes full-year guidance; shares up

August 21, 2024 7:42 AM EDT

TJX Cos. (NYSE: TJX) shares jumped over 5% in premarket trading Wednesday after off-price department store chain operator beat analyst expectations for Q2 results and raised guidance for the fiscal 2025.

In the fiscal Q2, TJX delivered earnings per share (EPS) of $0.96, beating consensus expectations of $0.92. Revenue came in at $13.47 billion, also ahead of the estimated $13.31... More

TJ Maxx parent raises annual profit forecast after strong second quarter

August 21, 2024 7:40 AM EDT

(Reuters) -Off-price retailer TJX Cos raised annual profit forecast after quarterly results beat estimates on Wednesday, banking on gains from easing costs and strong demand for its affordable apparel and accessories.

Shares of the company were up about 5% in early trading.

Over the past six quarters, TJX has kept prices low to attract shoppers who are worried about spending in an inflationary environment.

With newer product assortments and well-maintained... More

TJX Cos. (TJX) Tops Q2 EPS by 4c; raises profit outlook

August 21, 2024 7:32 AM EDT

TJX Cos. (NYSE: TJX) reported Q2 EPS of $0.96, $0.04 better than the analyst estimate of $0.92. Revenue for the quarter came in at $13.47 billion versus the consensus estimate of $13.31 billion.

GUIDANCE:

TJX Cos. sees Q3 2025 EPS of $1.06-$1.08, versus the consensus... More

Midday movers: Target, Toll Brothers, Keysight rise; Macy's, JD.com, La-Z-Boy fall

August 21, 2024 7:13 AM EDT

(Updated - August 21, 2024 11:32 AM EDT)

Investing.com -- U.S. stock futures traded higher Wednesday after data showed a downward revision in US payrolls data, ahead of the release of minutes from the last Federal Reserve meeting.

Here are some of the biggest U.S. stock movers today:

Target Corporation (NYSE: TGT) stock soared 12% after the big box retailer raised its annual profit... More

Stocks expected to have increasing option volume: TJX ADI M TGT SNPS A ZM URBN WOLF WDAY

August 21, 2024 5:52 AM EDT

Stocks expected to have increasing option volume: TJX ADI M TGT SNPS A ZM URBN WOLF WDAY

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Fed minutes, US futures, gold, Walmart - what's moving markets

August 21, 2024 4:56 AM EDT

Investing.com -- The main Wall Street looks set to start the day with minor gains as investors await the release of the minutes from the last Federal Reserve meeting as well as nonfarm payroll revisions. Gold continues to hit record highs, while Walmart looks set to sell its stake in Chinese e-commerce giant JD (NASDAQ: JD).com. 

1. Fed minutes, payrolls revision to provide rate cuts insight

Investors are looking to the release of the minutes from the last Federal... More

TJX Cos. (TJX) call put ratio 2.2 calls to 1 put into quarter results

August 20, 2024 10:56 AM EDT

TJX Cos. (NYSE: TJX) August 23 weekly call option implied volatility is at 65, September is at 27; compared to its 52-week range of 14 to 33 into the expected release of quarter results before the bell on August 21. Call put ratio 2.2 calls to 1 put.

... More

TJX Cos. (TJX) August 23 weekly 112 straddle priced into quarter results

August 20, 2024 5:39 AM EDT

TJX Cos. (NYSE: TJX) August 23 weekly 112 straddle priced for a move of 4.5% into the expected release of quarter results before the bell on August 21.

... More