We’re changing our TJX price target despite retailer’s light guidance

From CNBC: 2024-11-20 16:08:46

TJX Companies reported strong Q3 results with revenue up 6% to $14.06 billion and EPS at $1.14, beating estimates. Shares rallied after early decline as Wall Street adjusted price target to $135. TJX confident in holiday sales and long-term growth, with plans to expand T.K. Maxx to Spain in 2026. Stock near record-high.



Read more at CNBC:: We’re changing our TJX price target despite retailer’s light guidance