5 Analysts Hiked Their TJX Price Targets Today -- Here’s Why 1 Cut Hers
Wall Street analysts were racing each other to see who could hike their price target on TJX Companies (NYSE: TJX) first amid store reopenings. The discount retailer reported first-quarter losses as sales were cut in half while stores were closed, but the company announced yesterday that sales were tracking higher than last year after about 1,600 stores have reopened.
However, Loop Capital analyst Laura Champine went the other direction, cutting her price target on the retailer 16%, from $72 to $60 per share.
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Source Fool.com
