Shares of TJX Companies Inc (NYSE:TJX) rose in early trading on Thursday,after the company reported upbeat fourth-quarter results.
Here are the key analyst insights:
- BTIG analyst Robert Drbul maintained a Buy rating, while raising the price target from $165 to $185.
- Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating, while lifting the price target from $170 to $175.
Check out other analyst stock ratings.
BTIG: TJX reported total sales of $17.7 billion, up 8.5% year-on-year, ahead of estimates of 4.2%, Drbul said in a note. The company’s total comps grew 5%, higher than the 3% expectation, “driven by increases in both traffic and ticket across the portfolio,” he …