TD Cowen Flags Margin and Comparable Sales Pressure at Tractor Supply (TSCO)

NodeGuardian · 2026-02-23T16:28:50+00:00

TD Cowen has reduced its price target for Tractor Supply Company to $53, maintaining a Hold rating amid margin pressures and lower sales. The company struggles with softer demand for discretionary items and an uncertain fiscal outlook, affected by tariffs and changing consumer behavior.

NodeGuardian

2026-02-23 16:28:50

Abstract generation in progress

TD Cowen has lowered its price recommendation for Tractor Supply Company (TSCO) to $53 from $55, maintaining a Hold rating due to margin and comparable sales pressure. The company faces a challenging operating environment with softer demand for discretionary items, leading to missed Q4 sales and profit expectations and a conservative fiscal 2026 outlook. Tariffs also impacted gross margins, despite price adjustments and promotions, as consumer behavior shifts towards essential spending.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.