Wells Fargo raised the firm’s price target on Tractor Supply to $230 from $205 and keeps an Overweight rating on the shares. The firm leans optimistic into 2024. Lower rates justify a risk-on pivot, but it’s a delicate balance with first half of the year Street estimates too high and Hardlines up 17% since November 1.
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 price target raised to $230 from $210 at Truist
- BofA downgrades Tractor Supply to Underperform, expects EPS pressure
- BofA gets more bearish on Tractor Supply, downgrades shares
- Tractor Supply downgraded to Underperform from Neutral at BofA
- Tractor Supply price target raised by $20 at Loop Capital, here’s why