Benchmark analyst John Lawrence raised the firm’s price target on Tractor Supply (TSCO) to $310 from $280 and keeps a Buy rating on the shares after Q3 earnings late last week, along with which management updated the lower end of the guidance range for 2024 earnings by a dime to $10.10 to $10.40 and announced the acquisition of Allivet, a leading online pet pharmacy. Following the report and guidance, the firm’s 2024 EPS estimate moves to $10.34 while its 2025 estimate is $11.15, the analyst tells investors.
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