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Truist Raises Lowe’s (LOW) Target as Shoppers Stay Focused on Value
Yahoo Finance· 2025-12-29 20:22
Lowe’s Companies, Inc. (NYSE:LOW) is included among the 10 Cash-Rich Stocks to Buy Now. Truist Raises Lowe’s (LOW) Target as Shoppers Stay Focused on Value Image by Alexsander-777 from Pixabay On December 17, Truist analyst Scot Ciccarelli raised the firm’s price target on Lowe’s Companies, Inc. (NYSE:LOW) to $269 from $256 and kept a Buy rating on the shares. The move came as part of a broader research note previewing 2026 for Hardlines and Broadlines consumer names. Ciccarelli said that slower consume ...
TJ Maxx and Marshalls Owner's Earnings Top Estimates as Consumers Search for Value
Investopedia· 2025-11-19 18:30
Core Insights - TJX shares have increased by approximately 20% in 2025, trading near all-time highs after reporting better-than-expected quarterly results and raising its outlook [1][2][7]. Financial Performance - The company reported earnings per share (EPS) of $1.28 for the third quarter, surpassing analysts' estimates [2][7]. - Revenue rose by 7.5% year-over-year to $15.12 billion, also exceeding expectations [2][7]. - Same-store sales grew by 5%, which was above the company's forecasts [3][4]. Segment Performance - Sales increased by 8% at HomeGoods and TJX Canada, 9% at TJX International, and 7% at Marmaxx, which includes TJ Maxx, Marshalls, Sierra, and e-commerce [3][4]. Management Commentary - CEO Ernie Herrman emphasized the strong results reflect the company's value proposition and the appealing shopping experience that attracts consumers globally [3][4]. - The company is well-positioned as a gifting destination for value-conscious shoppers during the holiday season [4]. Outlook - TJX has revised its full-year EPS guidance to a range of $4.63 to $4.66, up from the previous outlook of $4.52 to $4.57 [4]. - The company anticipates same-store sales growth of 4%, an increase from the earlier expectation of 3% [4].