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Fly News Breaks for April 12, 2017
TSCO
Apr 12, 2017 | 07:58 EDT
Baird analyst Peter Benedict said Tractor Supply's earnings miss was due to lower seasonal demand. Given improving comps and prospects for an acceleration of business over Q2 and Q3, he is inclined to view the weakness as a buying opportunity. Benedict lowered his price target to $80 from $85 but reiterated his Outperform rating on Tractor Supply shares.
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