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Fly News Breaks for July 18, 2018
TSCO
Jul 18, 2018 | 07:13 EDT
Wedbush analyst Seth Basham raised his price target for Tractor Supply to $77 from $65 ahead of quarterly results as he expects "good" a quarter fueled by weather. Nonetheless, the analyst reiterates a Neutral rating on the shares given high investor expectations for a beat and raise and his view that much of the strength is being driven by favorable weather that may not persist.
News For TSCO From the Last 2 Days
TSCO
Apr 19, 2024 | 09:07 EDT
Telsey Advisory raised the firm's price target on Tractor Supply to $275 from $250 and keeps an Outperform rating on the shares following the company's Q1 earnings preview. The company continues to execute well in rural America and, while there are near-term headwinds from macro pressures, the firm is confident the long-term earnings growth potential remains strong, the analyst tells investors. Further, many industry tailwinds catalyzed by COVID-19 should continue to support sales, the firm adds.
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.
