TJX Stock Recent News
TJX LATEST HEADLINES
UBS sees a buying opportunity in shares of the off-price retailer.
UBS has upgraded its rating on TJX Companies Inc, aka TJ Maxx, from neutral to buy, citing four main reasons for the upgrade. Notably, TJX's potential to seize market share from traditional department stores more aggressively than previously anticipated caught the attention of analysts.
Jay Sole, UBS managing director, joins 'Money Movers' to discuss why the gain from department stores will be more significant than previously thought if the balance between e-commerce and brick and mortar is net-negative optically, and more.
The latest trading day saw TJX (TJX) settling at $94.50, representing a +0.45% change from its previous close.
The TJX Companies (TJX) is benefiting from its solid store and e-commerce growth efforts. Also, the company is witnessing solid momentum in its core segments.
In the latest trading session, TJX (TJX) closed at $95.75, marking a -1.57% move from the previous day.
TJX Companies' (TJX) increase in dividends and share buybacks illustrates its strategy to grow the business and reward shareholders, reflecting a commitment to balanced capital allocation.
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Mickey Drexler, Alex Mill chairman and former J.Crew CEO and chairman, joins 'Squawk Box' to discuss the state of retail, why some brands are offering steeper discounts online than in-store, state of the consumer, and more.
TJX (TJX) closed the most recent trading day at $101.08, moving +1.79% from the previous trading session.