TJX Companies and Lowe’s: Analysts See Bright Future for Consumer Cyclical Stocks

Analysts at Telsey Advisory maintain Buy ratings for TJX Companies and Lowe's, with price targets of $155.00 and $305.00, respectively. TJX's consensus rating is Strong Buy with a $152.82 average price target, while Lowe's consensus rating is Moderate Buy with a $280.32 average price target.

Analysts at Telsey Advisory have maintained their Buy ratings for TJX Companies and Lowe's, with price targets of $155.00 and $305.00, respectively. This positive sentiment is reflected in the broader market, where TJX Companies has a consensus rating of Strong Buy with an average price target of $152.82 [1]. Meanwhile, Lowe's has a consensus rating of Moderate Buy with an average price target of $280.32 [1].

TJX Companies has been performing well, with analysts citing strong performance and growth potential amid market challenges. In the past 12 months, TJX has beaten its earnings and sales estimates 100.00% of the time, outperforming its overall industry [1]. The company's strong performance is evident in its recent earnings and sales forecasts, with analysts expecting the next quarter's earnings to be $1.22 and sales to reach $14.82B [1].

Lowe's, on the other hand, has also received positive analyst ratings, with a moderate buy rating and a price target of $280.32. The company's performance has been robust, with analysts citing its strategic positioning and strong fundamentals as reasons for the positive outlook [1].

The positive analyst ratings for both companies reflect their strong performance and growth potential. Investors should closely monitor these companies and consider the analyst recommendations as they make investment decisions.

References:
[1] https://www.tipranks.com/stocks/tjx/forecast