From Financial Modeling Prep: 2025-05-20 15:15:00

TD Cowen raised its price target on The TJX Companies (NYSE:TJX) to $142 from $140, maintaining a Buy rating. The firm highlighted a favorable buying environment and growing confidence in earnings growth durability. Recent reduction in China tariff rates is seen as a major positive for TJX, with strong inventory availability expected in the second half of fiscal 2025. Field checks suggest potential upside to same-store sales in Q1, particularly for the MarMaxx division. TD Cowen values the stock at 28x 2027 estimated EPS and 18x EV/EBITDA, focusing on sustainable earnings per share growth for shareholder returns.



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