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Bernstein Keeps Their Buy Rating on TJX Companies (TJX)

Tipranks - Tipranks - Tue Feb 24, 1:24PM CST

In a report released today, Aneesha Sherman from Bernstein maintained a Buy rating on TJX Companies, with a price target of $170.00.

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According to TipRanks, Sherman is a 4-star analyst with an average return of 5.6% and a 48.11% success rate. Sherman covers the Consumer Cyclical sector, focusing on stocks such as Deckers Outdoor, On Holding AG, and Nike.

In a report released today, J.P. Morgan also maintained a Buy rating on the stock with a $173.00 price target.

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Based on TJX Companies’ latest earnings release for the quarter ending November 1, the company reported a quarterly revenue of $15.12 billion and a net profit of $1.44 billion. In comparison, last year the company earned a revenue of $14.06 billion and had a net profit of $1.3 billion

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TJX in relation to earlier this year.

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