J.P. Morgan analyst Matthew Boss maintained a Buy rating on TJX Companies (TJX – Research Report) yesterday and set a price target of $127.00.
Matthew Boss has given his Buy rating due to a combination of factors reflecting TJX Companies’ robust performance and promising outlook. The company reported a strong fourth quarter with earnings per share surpassing expectations, driven by a notable increase in same-store sales and improved gross profit margins. This performance was consistent across all divisions, with significant growth in customer transactions, particularly in Canada and international markets.
Looking forward, TJX’s management has provided guidance for fiscal year 2026 that suggests continued growth, including plans for substantial share repurchases and a dividend increase. The company’s strategic positioning in the off-price retail sector, combined with its global reach and potential for e-commerce expansion, further supports the positive outlook. These factors, along with a stable financial model and a price target of $127 by December 2025, underpin Matthew Boss’s Buy rating for TJX Companies.
In another report released today, Barclays also maintained a Buy rating on the stock with a $137.00 price target.
TJX’s price has also changed slightly for the past six months – from $120.130 to $124.890, which is a 3.96% increase.