20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
TJX Companies Inc (NYSE:TJX) issued weak profit forecast for the fourth quarter.
TJX reported third-quarter FY24 sales growth of 9% year-on-year to $13.3 billion, beating the analyst consensus estimate of $13.08 billion. EPS of $1.03 beat the consensus estimate of $0.99.
For the fourth quarter, TJX said it now sees adjusted EPS between 97 cents and $1, down from its earlier forecast of between $1 and $1.03.
TJX shares fell 1.8% to trade at $87.78 on Thursday.
These analysts made changes to their price targets on TJX following earnings announcement.
- Telsey Advisory Group raised the price target on TJX from $100 to $105. Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating.
- Morgan Stanley increased the price target on TJX from $99 to $101. Morgan Stanley analyst Alexandra Steiger maintained an Overweight rating.
Check This Out: Top 4 Financial Stocks You'll Regret Missing This Month
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!