TJX Companies Stock Gains Analysts’ Buy Ratings as the Off-Price Retailer Looks Attractive Against Tariff Woes
U.S. President Donald Trump’s reciprocal tariffs have rattled global markets, triggering fears of an economic slowdown. In this scenario, off-price retailer TJX Companies (TJX) has been gaining analysts’ attention as they see the stock as an attractive pick amid the ongoing tariff woes and macro uncertainties. Since the beginning of April, three analysts have reaffirmed a Buy rating on TJX stock, while a top analyst from Citi upgraded the stock to Buy. Overall, Wall Street is highly bullish on TJX Companies stock amid the ongoing macro uncertainties. TJX stock has gained 23% over the past year.
Off-price retailers like TJX Companies generally sell merchandise at 20% to 60% below the regular prices at which full-price retailers…
