TJX Upgraded at SunTrust

Wednesday, May 21, 2014, SunTrust Upgraded The TJX Companies, Inc. TJX to Buy from Neutral, while maintaining a $65 Price Target. SunTrust analyst Pamela Quintiliano believes the reaction to TJX's slight earnings miss due to the weather is overdone, and that the long-term fundamentals are intact. Quintiliano states, "we have been waiting for a pullback to become more constructive and are taking advantage of this opportunity given ongoing domestic/international growth, leadership position within the off-price group, online infancy and a best-in-class management team." TJX were trading up 1.22 points, or 2.28 percent at 55.17 from the previous close of 53.95.