Analyst Alexandra Straton of Morgan Stanley maintained a Buy rating on TJX Companies (TJX – Research Report), boosting the price target to $136.00.
Alexandra Straton has given her Buy rating due to a combination of factors that highlight TJX Companies’ strong performance and strategic positioning. The company demonstrated impressive outperformance in the fourth quarter across all segments, with significant sales and gross margin improvements, which were transaction-driven. This positive trend is expected to continue into the fiscal year 2025, with earnings per share likely to see upward revisions.
Additionally, TJX’s diversified category exposure and relative value positioning provide a buffer against potential tariff risks, making it a resilient investment in the retail sector. The company’s enhanced margin profile and international growth opportunities further strengthen its appeal as a high-quality, large-cap investment option. Despite conservative guidance for the upcoming year, the market’s positive reaction underscores TJX’s status as a scarce and valuable asset in the retail landscape.
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TJX in relation to earlier this year.