Telsey Advisory analyst Dana Telsey maintains $TJX Companies (TJX.US)$ with a buy rating, and maintains the target price at $134.
According to TipRanks data, the analyst has a success rate of 44.0% and a total average return of 1.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $TJX Companies (TJX.US)$'s main analysts recently are as follows:
Following interactions with the management of TJX and visits to stores close to the company's headquarters, analysts observed a positive and enthusiastic attitude from management regarding the current Holiday season. Observations based on foot traffic data suggest that TJX is well-positioned to sustain comparative growth in the Off-Price sector.
Following participation in the company's annual sell-side meeting, an increased optimism has been noted regarding the market share opportunities that the company's banners collectively present, which is expected to positively affect sales, margins, and EPS.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
