These Analysts Boost Their Forecasts On TJX Following Upbeat Q3 Earnings

Core Insights - TJX Companies, Inc. reported third-quarter earnings per share of $1.28, exceeding the analyst consensus estimate of $1.22, with quarterly sales of $15.12 billion, reflecting a 7% year-over-year increase, surpassing the expected $14.87 billion [1] - For the fourth quarter, the company anticipates consolidated comparable sales growth of 2% to 3% and reaffirmed its GAAP EPS outlook at $1.33–$1.36, slightly below the $1.37 analyst estimate [2] - TJX Companies raised its fiscal 2026 GAAP earnings outlook to $4.63–$4.66 per share, up from $4.52–$4.57, exceeding the $4.60 estimate, and expects consolidated comparable sales to increase by 4% [2] Analyst Ratings and Price Targets - Bernstein analyst Aneesha Sherman maintained an Outperform rating and increased the price target from $152 to $155 [5] - B of A Securities analyst Lorraine Hutchinson maintained a Buy rating and raised the price target from $150 to $168 [5] - Evercore ISI Group analyst Michael Binetti maintained an Outperform rating and increased the price target from $162 to $165 [5] - Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating and raised the price target from $155 to $170 [5] - Goldman Sachs analyst Brooke Roach maintained a Buy rating and increased the price target from $163 to $170 [5]