Top Wall Street Forecasters Revamp TJX Expectations Ahead Of Q3 Earnings

Core Insights - TJX Companies, Inc. is set to release its third-quarter earnings results on November 19, with analysts expecting earnings of $1.22 per share, an increase from $1.14 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $14.86 billion, compared to $14.06 billion in the previous year [1] Earnings Performance - In the second quarter, TJX reported better-than-expected earnings and raised its EPS guidance for 2026 [2] - Following the announcement, TJX shares rose by 0.3%, closing at $145.58 [2] Analyst Ratings - Telsey Advisory Group maintained an Outperform rating with a price target of $155 [4] - TD Cowen raised its price target from $160 to $162 while maintaining a Buy rating [4] - Wells Fargo increased its price target from $130 to $140, maintaining an Equal-Weight rating [4] - BTIG initiated coverage with a Buy rating and a price target of $165 [4] - JP Morgan raised its price target from $148 to $149 while maintaining an Overweight rating [4]