BMO Capital Maintains Outperform on TJX Companies, Raises Price Target to $95
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Simeon Siegel has maintained an 'Outperform' rating on TJX Companies and raised the price target from $85 to $95.
August 17, 2023 | 11:53 am
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The 'Outperform' rating maintained by BMO Capital and the raised price target could potentially lead to an increase in TJX Companies' stock price.
Analyst ratings and price targets can significantly influence investor sentiment. The 'Outperform' rating suggests that BMO Capital expects TJX Companies to do better than the market average. The raised price target from $85 to $95 indicates an expected increase in the stock's value. This could potentially lead to increased investor interest and a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100