TJX price target raised to $103 from $90 at Citi

Citi analyst Paul Lejuez raised the firm’s price target on TJX to $103 from $90 and keeps a Buy rating on the shares post the Q2 report. The company’s comp trends accelerated in each month of Q2 and remain “very strong” in August, the analyst tells investors in a research note. With the home business turning positive and easy comparisons ahead in that business, TJX should continue to take share, says the firm.