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Stock impact report

This retailer just got upgraded as a winner from Trump's tariffs. It's one we love [MSNBC.com]

TJX Companies, Inc. (The) (TJX) 
Last tjx companies, inc. (the) earnings: 2/26 08:00 am Check Earnings Report
US:NYSE Investor Relations: investor.tjx.com
Company Research Source: MSNBC.com
President Donald Trump's latest tariffs are poised to shake up the retail industry, but Citi says TJX Companies is in a prime position to cash in on the chaos. The news Citigroup upgraded TJX — the parent company of Marshalls, Home Goods and T.J. Maxx — to buy from neutral Thursday. The analysts said Trump's steeper tariffs could shake up the retail market and flood off-price retailers with a wave of quality, discounted inventory. Additionally, with tariffs poised to drive up prices at traditional retailers, Citi analysts believe more shoppers will be bargain-hunting — and that's exactly where TJX's chains are known to excel across apparel, home decor and more. "We view off-price as defensively positioned in the near-term, but well-positioned for continued growth in the long-term as other retailers struggle and close stores," a trend that may continue if consumers spending weakens, the analysts added. The firm raised its price target on TJX stock $140 a share from $128 and also upped Show less Read more
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