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Gordon Haskett downgrades TJX to Hold, sets $130 price target
What happened
Equities research analysts at Gordon Haskett downgraded The TJX Companies (NYSE: TJX) from an "accumulate" rating to a "hold" rating in a note issued to investors on Friday, November 13, 2026, as reported by Briefing.com. The firm set a $130.00 price objective on the off-price retailer's stock, which implies about 4.4% downside from the previous close. TJX shares opened at $135.95 on Friday, down 0.4%.
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Start your free 14-day trialWho’s affected
- TJX (The TJX Companies) — direct target of the downgrade; the $130 objective sits below the $170.83 consensus average target. Off-price retail peers (e.g. Ross Stores) may see read-through sentiment, and the broader retail sector faces the same margin-cost pressures cited in the cautious calls.
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