TJX Cos: Jefferies remains Buy after a visit

(CercleFinance.com) - Jefferies confirms its 'buy' rating on TJX Cos shares, along with its target price of $110, following a meeting with the retail group's management and a visit to stores near its headquarters.


The broker sensed a positive and enthusiastic tone from management in the run-up to the end-of-year festive season. "TJX continues to witness strong traffic gains, an attractive purchasing environment, and a value proposition that resonates well with its customers," it adds.


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