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Fly News Breaks for November 7, 2019
TSCO
Nov 7, 2019 | 18:00 EDT
Nomura Instinet analyst Michael Baker initiated coverage of Tractor Supply with a Neutral rating and $100 price target. The analyst is positive on the company's "significant" U.S. presence, "solid" growth story, rising comps, and bottoming margins. Baker believes however that the valuation on Tractor Supply is "relatively full".
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