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Fly News Breaks for February 28, 2019
TJX
Feb 28, 2019 | 07:10 EDT
UBS analyst Jay Sole maintained his Sell rating on TJX shares as he believes the company is not doing enough to keep up with the changes in the retail industry. The analyst noted its annual earnings growth has occurred in an almost ideal off-price environment, but he believes the growth rate will be more difficult to maintain in the future. Sole raised his price target on TJX shares to $43 from $42 following the company's quarterly report.