11:00 AM EDT, 08/20/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month price target by $10 to $120, based on 25x our FY 27 (Jan.) EPS estimate and higher than the company's three-year average forward P/E multiple of 24.5x, reflecting our view the company deserves an above-peer multiple due to its recent execution, business model, and balance sheet. We raise our FY 26 and FY 27 EPS estimates by $0.10 to $4.60 and $0.05 to $4.80 respectively. TJX posted normalized FQ2 EPS of $1.10 vs. $0.96, $0.09 above consensus estimates on revenues of $14.4B vs. $13.5B and $235M above estimates. By segment in Q2, Marmaxx comparable store sales increased 3% Y/Y, HomeGoods increased 5%, TJX Canada increased 9%, and TJX International increased 5%. Q2 pretax profit margin expanded 50 bps Y/Y to 11.4% due to operational efficiencies and favorable hedges. Merchandise margin was flat in the quarter despite tariff headwinds. We continue to believe TJX is well positioned and operating at maximum efficiency; however, we cannot justify the current valuation and remain negative.