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TJX price target raised to $142 from $138 at Evercore ISI
The Fly

TJX price target raised to $142 from $138 at Evercore ISI

Evercore ISI raised the firm’s price target on TJX (TJX) to $142 from $138 and keeps an Outperform rating on the shares following what the firm calls “a very re-affirming quarter.” While more of the comp from International and less from Marmaxx “would normally reduce the quality of the quarter,” the comment that Q4 is off to a “strong” start should override any Q3 concerns, according to the analyst, who adds “we don’t expect to hear that strength echoed across the sector with upcoming reports before Black Friday.”

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