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TJX Stock Crosses $60 Billion in Sales: Does the Street High Target of $193 Hold Up?
The TJX Companies (TJX) achieved a new milestone, surpassing $60 billion in net sales for the first time in fiscal 2026, reaching $60.4 billion, up 7% year-over-year. Despite management’s conservative guidance for fiscal 2027, Wall Street analysts maintain a mean price target of $171.78, with a high of $193. The article explores both bull and bear cases, considering TJX’s impressive comp growth, expansion plans, and potential challenges from discretionary spending softness.