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Fly News Breaks for August 17, 2016
TJX
Aug 17, 2016 | 07:29 EDT
After TJX yesterday reported stronger than expected Q2 results but provided lower than expected Q3 guidance and the stock fell nearly 6%, SunTrust analyst Pamela Quintiliano says that the company's guidance is conservative. She noted that the company's results so far this quarter have been "solid," and says that it is well-positioned for continued market share gains. The analyst recommends buying the stock on weakness.
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