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Citigroup analysts upgrades a Buy rating for TJX Companies, Inc (TJX)

In a filing, TJX Companies, Inc revealed its CEO & President Herrman Ernie unloaded Company’s shares for reported $2.1 million on Mar 20 ’25. In the deal valued at $116.54 per share,18,000 shares were sold. As a result of this transaction, Herrman Ernie now holds 466,189 shares worth roughly $58.6 million.

Then, Herrman Ernie bought 18,000 shares, generating $2,121,480 in total proceeds.

Before that, Herrman Ernie sold 23,428 shares. TJX Companies, Inc shares valued at $2,882,464 were divested by the CEO & President at a price of $123.03 per share. As a result of the transaction, Herrman Ernie now holds 484,189 shares, worth roughly $60.87 million.

Citigroup upgraded its TJX Companies, Inc [TJX] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late August has reiterated a ‘”an Outperform”‘ rating for it. Citigroup also remained covering TJX and has decreased its forecast on August 22, 2024 with a “Neutral” recommendation from previously “Buy” rating. Telsey Advisory Group maintained its rating on August 14, 2024. It rated TJX as “an Outperform”.

Price Performance Review of TJX

On Tuesday, TJX Companies, Inc [NYSE:TJX] saw its stock jump 1.40% to $125.71. Over the last five days, the stock has lost -3.74%. TJX Companies, Inc shares have risen nearly 4.06% since the year began. Nevertheless, the stocks have risen 35.67% over the past one year. While a 52-week high of $131.30 was reached on 04/15/25, a 52-week low of $93.32 was recorded on 03/13/25. SMA at 50 days reached $121.90, while 200 days put it at $119.04.

Levels Of Support And Resistance For TJX Stock

The 24-hour chart illustrates a support level at 124.22, which if violated will result in even more drops to 122.73. On the upside, there is a resistance level at 126.98. A further resistance level may holdings at 128.25. The Relative Strength Index (RSI) on the 14-day chart is 54.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.44%. Stochastics %K at 62.96% indicates the stock is a holding.

How much short interest is there in TJX Companies, Inc?

A steep rise in short interest was recorded in TJX Companies, Inc stocks on 2025-03-31, dropping by -0.9 million shares to a total of 12.09 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 12.99 million shares. There was a decline of -7.44%, which implies that there is a negative sentiment for the stock.

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