Morgan Stanley Maintains Overweight on TJX Companies, Raises Price Target to $101
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alexandra Steiger has maintained an Overweight rating on TJX Companies (NYSE:TJX) and increased the price target from $99 to $101.
November 16, 2023 | 1:05 pm
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POSITIVE IMPACT
Morgan Stanley analyst reaffirms Overweight rating on TJX Companies and raises price target to $101.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on TJX's financial performance and growth potential, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100