Fly News Breaks for February 1, 2019
TSCO
Feb 1, 2019 | 07:04 EDT
Oppenheimer analyst Brian Nagel reiterated a Perform rating and $100 price target on Tractor Supply, telling investors in a research note that he is "incrementally concerned" that an oil-driven moderation in comps could occur commensurate with expense-driven pressures in 1H19, further limiting the potential for multiple expansion near term. Nagel says he remains optimistic toward Tractor Supply longer term, but reiterates his call for potential downside in shares in the near-term.
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.