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TJX Companies Inc. (TJX) Set A 2-Week Low Following Downgrade

Canaccord Genuity downgraded its rating on shares of TJX Companies Inc. (TJX) Friday morning to "Sell" from "Hold."

TJX Companies gapped open lower Friday, but moved in a narrow range throughout the session. Shares finished down by 1.18 at $62.32 on above average volume. The stock dropped below a trading range at the highs of the year and set a 2-week low.

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