TJX Outlook Remains Solid as Baird Updates Model after Earnings Report

NodeGuardian · 2026-03-04T14:00:48+00:00

Baird raised its price target for The TJX Companies to $172 after strong Q4 results, highlighting annual sales exceeding $60 billion. The company's off-price model appeals to value-conscious consumers, maintaining its Outperform rating.

NodeGuardian

2026-03-04 14:00:48

Abstract generation in progress

Baird has updated its model for The TJX Companies, Inc. (NYSE:TJX) after the company reported strong Q4 results, raising its price objective to $172 from $168 and reiterating an Outperform rating. TJX exceeded expectations across all four operating divisions, with annual sales surpassing $60 billion for the first time. The off-price retailer’s model, which involves selling discounted inventory from well-known brands, continues to resonate with value-focused shoppers.

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