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Fly News Breaks for May 18, 2016
TJX
May 18, 2016 | 07:56 EDT
SunTrust says that TJX posed "a solid Q1 beat." The firm notes that the company's Q2 EPS guidance came in below its estimate. However, SunTrust thinks that the company has performed well at the beginning of Q2, and it believes that the Q2 guidance is conservative. It reiterates a $90 price target and Buy rating on the shares.
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