Key Highlights

● TJX shares ended 9 October 2026 at $138.86.

● The second data set consensus target is $170.80 from 22 analysts.

● Market data shows a mean of $174.86.

● Jefferies downgraded the shares from Buy to Hold, cutting its target from $180 to $145.

TJX (NYSE:TJX), a member of the S&P 500, closed at $138.86 on Friday 9 October 2026. Analyst targets sit well above that level, with the consensus implying upside of about 23.0%. Recent broker revisions have mostly been downward.

What Is the Latest Analyst Price Target?

Two data sets give slightly different consensus figures. The second data set, using third-party data from 22 analysts, shows a mean price target of $170.80, a median of $175, a high of $198 and a low of $136. Market data reports a higher average of $174.86 from 24 ratings, with a high of $198 (UBS) and a low of $140 (Wells Fargo).

Because many brokers cut targets after the late-August results, market data's average may still carry some higher older figures. Against the $138.86 close, that suggests potential upside of about 23.0%.

What Are Wall Street Analysts Saying?

Ratings remain mostly positive. The second data set shows 14 Strong Buy, four Buy and four Hold, while market data shows 21 Buy and three Hold. Most named broker actions on market data date from 20 to 31 August, after quarterly results, and were mixed. Jefferies downgraded the shares from Buy to Hold, cutting its target from $180 to $145, and Citigroup moved from Buy to Neutral with its target lowered from $182 to $154. Guggenheim cut its Buy target from $175 to $152, Goldman Sachs lowered its from $194 to $178, and Wells Fargo cut its Equal Weight target from $160 to $140.

Others were more supportive. UBS lifted its Buy target from $197 to $198, and JPMorgan raised its Overweight target from $168 to $171. More recently, the second data set shows Morgan Stanley reiterating $178 and Wells Fargo maintaining $140 on 7 October, with Erste Group maintaining a Hold on 8 October.

What Could Help the Stock Reach the Price Target?

The consensus target is well above the share price, so sentiment would need to improve. Market data refers to quarterly revenue of $15.18 billion, up 5.4%, and raised fiscal 2027 earnings guidance of $5.15 to $5.20 per share. Factors that could help include continued customer traffic, the off-price model's appeal to value-seeking shoppers, merchandise margin and buybacks. Market data also cites a dividend yield of about 1.4% and a payout ratio of about 35%.

What Could Prevent the Stock Reaching the Target?

The August downgrades from Jefferies and Citigroup and the cluster of target cuts show that some analysts became more cautious after the results. Retailers face risks from consumer spending, tariffs and input costs, and competition from other retailers. The stock also sits closer to the bottom end of recent target ranges: Wells Fargo's $140 and the second data set's low of $136 are only slightly above the current price.

What Should Investors Watch Next?

Other items to monitor include new broker target revisions, consumer-spending and tariff news, and any changes to guidance.

TJX and the Gap to Analyst Targets

TJX closed at $138.86 on 9 October 2026, against a second data set consensus target of $170.80. Jefferies downgraded the shares from Buy to Hold, cutting its target from $180 to $145, and Citigroup moved from Buy to Neutral with its target lowered from $182 to $154.