Telsey Advisory Group Maintains Outperform on TJX Companies, Raises Price Target to $100
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has maintained its 'Outperform' rating on TJX Companies and raised the price target from $95 to $100.
August 17, 2023 | 9:19 am
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Telsey Advisory Group has maintained its 'Outperform' rating on TJX Companies and raised the price target from $95 to $100. This could potentially lead to an increase in the stock's price.
Analyst ratings and price targets can significantly influence the market's perception of a stock. In this case, the 'Outperform' rating indicates that the analyst expects TJX to do better than the market average. Furthermore, the increase in the price target from $95 to $100 suggests that the analyst sees more upside potential in the stock, which could lead to increased investor interest and a potential rise in the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100