Why XP Shares Are Trading Lower By Around 12%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Written by Emily J. Thompson, Senior Investment Analyst
- XP Inc. Earnings: XP Inc. shares dropped 11.5% after reporting lower-than-expected first-quarter EPS results.
- Stock Movements: Various stocks experienced significant price changes during the mid-day session, including Akoustis Technologies, Barnes & Noble Education, and Siyata Mobile Inc.
- Positive Stock Movements: Companies like BuzzFeed, Petco Health, and Wellness Company, and Moderna saw notable gains in their stock prices.
- Negative Stock Movements: Edible Garden AG Incorporated, Oragenics, and Biodexa Pharmaceuticals Plc faced substantial declines in their stock values.
- Industry Insights: The article also mentions updates on companies like Target Corporation, Toll Brothers, and Lululemon Athletica Inc., highlighting specific events impacting their stock performance.
Analyst Views on TJX
Wall Street analysts forecast TJX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TJX is 164.14 USD with a low forecast of 145.00 USD and a high forecast of 181.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
16 Analyst Rating
15 Buy
1 Hold
0 Sell
Strong Buy
Current: 156.160
Low
145.00
Averages
164.14
High
181.00
Current: 156.160
Low
145.00
Averages
164.14
High
181.00
About TJX
The TJX Companies, Inc. is an off-price apparel and home fashions retailer in the United States (U.S.) and worldwide. The Company's segments include Marmaxx and HomeGoods, both in the U.S., TJX Canada and TJX International, including Europe and Australia. The TJ Maxx and Marshalls chains sell family apparel, including footwear and accessories, home fashions, including home basics, decorative accessories, and giftware and other merchandise. The HomeGoods segment operates HomeGoods and Homesense chains. HomeGoods offers an eclectic assortment of home fashions, including furniture, rugs, lighting, soft home, decorative accessories, tabletop, and cookware, as well as expanded pet and gourmet food departments. The TJX Canada segment operates the Winners, HomeSense and Marshalls chains in Canada, offering a range of home decor, furniture, and seasonal home merchandise. The TJX International segment operates the TK Maxx and Homesense chains in Europe and the TK Maxx chain in Australia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
