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Analysts Are Saying TJX Companies Is a Buy Despite Lackluster Quarterly Earnings. Are They Right?

TJX Companies (NYSE: TJX), the retail conglomerate that owns TJ Maxx and Marshall’s, didn’t wow the market with its most recent quarterly performance. In mid-May it published first-quarter of its fiscal 2026 results that disappointed investors, who traded out of the company’s stock mainly due to weaker-than-expected guidance. Somewhat counter-intuitively, however, a clutch of analysts…