Loop Capital raised the firm’s price target on Tractor Supply to $210 from $190 and keeps a Hold rating on the shares. While the pricing gap between Tractor Supply and its competitors widened from Loop Capital’s last pricing study, with Tractor Supply 5.7% more expensive on average as compared to 4.4% more expensive in September, the firm believes 2024 sets up well for Tractor Supply given the unseasonable weather conditions that played havoc on the company’s results this year, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TSCO:
- Tractor Supply management to meet with Stephens
- Tractor Supply price target lowered to $195 from $207 at Citi
- Tractor Supply price target lowered to $210 from $235 at Truist
- Tractor Supply price target lowered to $200 from $230 at Wedbush
- Tractor Supply price target lowered to $230 from $245 at Telsey Advisory