The TJX Companies, Inc. TJX shares are jumping nearly 3% today after Goldman Sachs upgraded the name this morning.
The New York-based investment bank upgraded the Framingham, Mass.-based retailer from Neutral to Buy, with a $61 price target.
Goldman Sachs said in the note that that the company should see benefits from its Marmaxx & HomeGoods stores, as well as improving trends abroad, and in Canada.
At last check, shares of TJX were up $1.36 to $51.39, a gain of 2.7% in early Tuesday trading.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In: Analyst ColorUpgradesPrice TargetAnalyst RatingsApparel RetailConsumer DiscretionaryGoldman Sachs
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in