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Fly News Breaks for February 3, 2020
TJX
Feb 3, 2020 | 16:22 EDT
BMO Capital analyst Simeon Siegel initiated coverage of TJX with an Outperform rating and $70 price target. "Off price has gone from stigma-filled to a proud destination" and TJX wins "because it has only minimal online, not in spite of it," said Siegel, who noted that the company has one of, if not the most consistent, track records of positive comps sales in the group and mid-single digit unit growth.
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