We’re changing our price target on TJX despite the retailer’s light guidance

Admin—November 25, 2024 0

North Miami Beach, Florida, T.J. Maxx & HomeGoods discount department store, furniture display and welcome sign.

Jeff Greenberg | Getty Images

TJX Companies delivered strong quarterly results before Wednesday’s opening bell.

While guidance was a bit below expectations, it was not overly concerning given the off-price retailer’s proclivity to under-promise and over-deliver.

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We’re changing our price target on TJX despite the retailer’s light guidance

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