Tractor Supply price target raised to $305 from $280 at Telsey Advisory

Telsey Advisory raised the firm’s price target on Tractor Supply to $305 from $280 and keeps an Outperform rating on the shares. The firm left the company’s management meetings with increased confidence in its strategy for long-term profitable growth, the analyst tells investors. Telsey expects Tractor Supply to continue to gain market share and dominate rural America.