TJX Companies Gains Analyst Confidence With Consecutive Earnings Beats And Market Share Growth
TJX(TJX) Benzinga·2024-08-23 01:40
Several analysts raised their price targets for The TJX Companies, Inc. TJX following yesterday’s strong second-quarter results.TJX reported EPS of $0.96 (+13%) and $13.468 billion in sales, which exceeded estimates, driven by a 4% rise in comparable store sales.The company raised its FY25 EPS outlook to $4.09-$4.13 and expects third-quarter EPS between $1.06 and $1.08, despite slightly missing estimates.BofA Securities analyst Lorraine Hutchinson raised the price target to $135 from $115 while maintaining ...