economy
February 26, 2026
Wall Street loves this 'AI-proof retail compounder'
Bernstein and Bank of America both say this retailer is set to outperform as others are struck by AI disruption fears and renewed tariff uncertainty.
TL;DR
- Bernstein and Bank of America maintain positive ratings on TJX shares, raising 12-month price targets to $175.
- TJX reported an earnings and revenue beat but provided weaker-than-expected future guidance.
- Bernstein views TJX as 'AI-proof' due to its experiential, offline shopping model.
- Bank of America believes TJX can outperform regardless of trade and tariff uncertainties.
- Tariffs have benefited TJX's margins by allowing price increases while selling fewer units, leading to increased leverage.
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