(CercleFinance.com) – Jefferies reaffirms its ‘buy’ recommendation and its price target of 110 dollars on TJX Cos, following a meeting with managers of the distribution group and a visit to stores near its head office .
The broker sensed a positive and enthusiastic tone from management as the holidays approached. “TJX continues to experience strong traffic increases, an attractive shopping environment and a value proposition that resonates favorably with its customers,” he continues.
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