Wells Fargo Maintains Equal-Weight Rating for TJX Companies: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Wells Fargo has maintained its Equal-Weight rating for TJX Companies (NYSE:TJX) and increased its price target from $80.00 to $88.00. TJX Companies' shares are currently trading down 0.25% over the last 24 hours, at $89.09 per share. A move to $88.00 would represent a 1.22% decrease from the current share price.
August 17, 2023 | 5:00 pm
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Wells Fargo has maintained its Equal-Weight rating for TJX Companies and raised its price target. The current share price is $89.09, a 0.25% decrease over the last 24 hours.
The news of Wells Fargo maintaining its Equal-Weight rating for TJX Companies and raising its price target is directly relevant to the company. However, the impact on the stock price is neutral in the short term as the new price target is slightly lower than the current trading price. The importance is high as analyst ratings can influence investor sentiment and trading decisions.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100