Baird analyst Peter Benedict added a "Fresh Pick" designation on Tractor Supply and says the stock remains a top 2023 idea with an Outperform rating and $240 price target. The firm’s farm/ranch survey suggests potential upside to Q4 expectations, the analyst tells investors in a research note. January has been warm, but spring is more important, and consensus Q1 estimates look low, says Baird.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on TSCO:
- Tractor Supply price target raised to $255 from $230 at MKM Partners
- Tractor Supply price target raised to $256 from $238 at Piper Sandler
- Tractor Supply upgraded to Outperform from Neutral at Exane BNP Paribas
- Tractor Supply initiated with an Outperform at Credit Suisse
- Tractor Supply price target raised to $255 from $250 at Wells Fargo
