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Fly News Breaks for July 17, 2015
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Jul 17, 2015 | 08:34 EDT
Baird said they expect solid Q2 results from Tractor Supply, citing their retailer survey, which suggests a modestly better sector backdrop than Q1 highlighted by strength in big-ticket items. The firm feels the shares deserve their premium valuation as the company continues to stand out among large-cap peers. Baird reiterated its Outperform rating and $107 price target on Tractor Supply shares.