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BofA Lifts PT on The TJX Companies, Inc. (TJX) to $175 From $168 – Here’s Why
Yahoo Finance· 2026-03-10 08:26
Core Viewpoint - The TJX Companies, Inc. is recognized as a consistently growing stock, with recent price target increases from major financial institutions indicating strong performance and positive outlooks for the company [2][3]. Financial Performance - For fiscal Q4 2026, TJX reported net sales of $17.7 billion, reflecting a 9% increase year-over-year. Consolidated comparable sales rose by 5%, and net income reached $1.8 billion. Diluted earnings per share were $1.58, up 28% from $1.23 in fiscal Q4 2025 [4]. - For the full fiscal year ending January 31, 2026, net sales totaled $60.4 billion, a 7% increase compared to the previous year, with consolidated comparable sales also rising by 5% [4]. Analyst Ratings and Price Targets - BofA raised its price target for TJX to $175 from $168, maintaining a Buy rating, citing strong margins, sales performance, and positive initial guidance for FY27 [2]. - BTIG also increased its price target for TJX to $185 from $165, while keeping a Buy rating after the company’s Q4 earnings exceeded expectations [3]. Company Overview - Founded in 1976 and headquartered in Framingham, Massachusetts, TJX is a global off-price retailer that offers apparel and home fashions at discounted prices through various banners, including T.J. Maxx, Marshalls, HomeGoods, Sierra, and TK Maxx [5].