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Fly News Breaks for December 9, 2019
TJX
Dec 9, 2019 | 07:53 EDT
Cowen analyst John Kernan raised his price target on TJX to $71 from $64 following meetings with management. The analyst said it is clear the company is positioned to deliver leading value into the holiday as inventory availability is robust. He said management's new store prototype is impressive visually and increases basket building through its improved format. Kernan reiterated his Outperform rating on TJX shares.
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