Guggenheim reaffirms Buy rating on Tractor Supply stock at $65 target

robot
Abstract generation in progress

Guggenheim has reiterated its Buy rating and $65.00 price target for Tractor Supply Company (NASDAQ:TSCO) after recent meetings with the executive leadership. Despite investor uncertainty in the end market, management identified potential growth drivers like Winter Storm Fern, tax refunds, and pet services, along with core comparable sales strength and cost reduction initiatives. However, other analysts have recently lowered their price targets due to disappointing fourth-quarter performance and concerns about the rural economy.

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.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)