These Two Retail Stocks Aren’t Suffering as Much as Their Competitors Today

Key Takeaways

Two discount retail shares managed to avoid the steeper dropoffs seen by some other big retailers in the wake of the Trump administration’s
latest tariffs
.

TJX Cos. (

TJX

) shares edged higher in recent trading Thursday. Ross Stores (

ROST

) ticked a bit lower, but its decline was notably smaller than those of Target (

TGT

), Best Buy (

BBY

), and Five Below (

FIVE

), all of which were down more than 10%.

Citi analysts upgraded Ross and TJX, parent company of T.J. Maxx and HomeGoods, to “buy” ratings on Thursday. They lifted their price target on the latter stock to $140, in line with the Street’s consensus according to Visible Alpha, from $128, saying the retailer is “as well positioned as ever.”

“Tariffs are likely to create significant disruption in the [market], greatly increasing the availability of product available to off-pricers at attractive prices,” the analysts wrote. “At the same time, a potentially weakening consumer environment will mean more consumers are likely to trade down to the off-price channel in search of value.”

Oppenheimer
and
UBS analysts
also issued notes Thursday on the retail industry, saying giants like Walmart (

WMT

) and Costco (

COST

) are likely to weather the tariff storm as well.

For more coverage of the market’s reaction to the latest tariff news, check out
Investopedia’sdaily live blog
.

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