Jefferies reaffirms its 'buy' recommendation and $110 price target on TJX Cos, 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 holidays. TJX continues to enjoy strong traffic growth, an attractive shopping environment and a value proposition that resonates well with customers," he continued.

Copyright (c) 2023 CercleFinance.com. All rights reserved.