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Street View: Pricing offsets TJX's tariff hit

ReutersNov 20, 2025 7:46 PM

Shares of off-price retailer TJX TJX.N up 1.5% at $148.10 in afternoon trading

Co lifts annual sales and profit forecast, betting on wide-sourcing network and seasonal assortments

At least 7 brokerages raised PT

Median PT of 21 brokerages is $165 — data compiled by LSEG

GAINS ON TARIFF RESILIENCE AND MARGIN STRENGTH

Wells Fargo ("Equalweight", PT: $145): Expected to continue to offset tariff impacts in Q4, with gross margin guided to more expansion

Citi ("Buy", PT: $168): Sees TJX and off-price model to thrive in the current environment, with dislocation from tariffs driving product availability and consumers increasingly
searching for value

BofA ("Buy", PT: $168): Strong comps were aided by price increases, as management did not call out transactions as the key comp driver

Morgan Stanley ("Overweight", PT:$162): Tariff resilience, structurally higher margins merit premium valuation on stock

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