Piper Sandler raised the firm’s price target on Tractor Supply to $300 from $265 and keeps an Overweight rating on the shares following Q1 results, which saw EPS upside with inline sales/comp. With over 10% EPS growth in Q1, and healthy potential for upside to 2024 guidance, Tractor Supply has one of the more attractive 2024 outlooks in the firm’s coverage universe.
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