TJX Companies (TJX) Gets a Buy Rating from Morgan Stanley


Morgan Stanley analyst Kimberly Greenberger maintained a Buy rating on TJX Companies (TJX) today and set a price target of $58. The company’s shares closed yesterday at $51.56.

According to TipRanks.com, Greenberger is a 4-star analyst with an average return of 9.7% and a 58.9% success rate. Greenberger covers the Services sector, focusing on stocks such as Capri Holdings Limited, Urban Outfitters, and Nordstrom Inc.

TJX Companies has an analyst consensus of Moderate Buy, with a price target consensus of $52.60, implying a 2.0% upside from current levels. In a report released yesterday, Guggenheim also maintained a Buy rating on the stock with a $57 price target.

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The company has a one-year high of $56.64 and a one-year low of $39.86. Currently, TJX Companies has an average volume of 7.4M.

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The TJX Cos., Inc. engages in the retail of off-price apparel and home fashion products. It operates through the following segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe.

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