Truist sees strength in off-price leaders TJX and Ross Stores

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Jefferies names its two favorite discount retail stocks ahead of Q1 earnings

May 18, 2026 3:00 PM EDT

Jefferies highlighted a selective setup across discount retail heading into Q1 earnings, naming two preferred stocks where it sees improving fundamentals and underappreciated earnings power, while warning of downside risk in parts of the sector.

Analyst Corey Tarlowe revealed that Ross Stores (NASDAQ: ROST)and Target (NYSE: TGT) are... More