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Fly News Breaks for July 12, 2018
TSCO
Jul 12, 2018 | 08:24 EDT
RBC Capital analyst Scot Ciccarelli raised his price target on Tractor Supply to $75, saying that after a slow Q2 start in April due to winter weather conditions, the sales velocity has likely "snapped back" in May/June to capture the pent-up demand for spring products. The analyst keeps his Sector Perform rating however, citing " concerns over continuing margin pressure and longer-term e-commerce competition."
News For TSCO From the Last 2 Days
TSCO
Apr 17, 2024 | 05:32 EDT
Barclays raised the firm's price target on Tractor Supply to $234 from $192 and keeps an Equal Weight rating on the shares ahead of the Q1 report. The company's core consumables still seems to be moderating, but potentially offset by seasonal drivers and gross margin strength, the analyst tells investors in a research note. The firm is not expecting any change in Tractor Supply's outlook.
TSCO
Apr 16, 2024 | 06:43 EDT
Piper Sandler raised the firm's price target on Boot Barn (BOOT) to $110 from $94 and keeps an Overweight rating on the shares. The firm's 47th semi-annual Taking Stock With Teens Survey shows strong brand results for Carhartt and -- to a lesser extent -- Ariat - two key brands for Boot Barns and Tractor Supply (TSCO). Carhartt now ranks as the number 3 most favored clothing brand amongst teen males. Ariat has also risen in popularity and now ranks as the number 29 most favored clothing brand.
