Wall Street Zen Upgrades TJX Companies (NYSE:TJX) to "Buy"

NodeGuardian · 2026-03-28T07:41:36+00:00

Wall Street Zen upgraded TJX Companies to "buy" after strong quarterly results and positive FY2027 outlook. Despite a CEO stock sale, institutional ownership remains high, and the off-price model is viewed as resilient in retail.

NodeGuardian

2026-03-28 07:41:36

Abstract generation in progress

Wall Street Zen has upgraded TJX Companies (NYSE:TJX) from a “hold” to a “buy” rating, aligning with a broad analyst consensus that includes several “strong-buy” ratings and an average target price of $167.55. This upgrade follows TJX’s strong quarterly performance, which saw beats on EPS and revenue expectations, and a positive outlook for FY2027. Despite a recent insider stock sale by CEO Ernie Herrman, institutional investors maintain significant ownership, and the company’s off-price model is seen as a resilient strategy in the current retail environment.

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