UPDATE: Morgan Stanley Announces Price Target For The TJX Companies

In a note published Wednesday, Morgan Stanley analyst, Kimberly Greenberger announces a $66 price target for The TJX Companies, Inc.

and maintained an Equal-weight rating. Following a earnings report that was widely in line with both guidance and consensus, Greenberger commented, "We vies TJX as a core long-term holding , given its compelling growth potential (US and international), world-class buying organization, consistent execution and strong management." Looking foward, Greenberger highlighted management "three key strategies" to wow shoppers this holiday season.