Tractor Supply price target raised to $255 from $230 at MKM Partners

MKM Partners analyst David Bellinger raised the firm’s price target on Tractor Supply to $255 from $230 and keeps a Buy rating on the shares. The company’s Q4 results should offer "another favorable data point" going into its Open House event and annual sales meeting in Nashville at the end of the month, the analyst tells investors in a research note. Bellinger adds that the underlying momentum is "very much intact and sustainable from here" for Tractor Supply.