Telsey Advisory raised the firm’s price target on Tractor Supply (TSCO) to $335 from $300 and keeps an Outperform rating on the shares. The company continues to execute well and dominate in rural America, the analyst tells investors. While there are near-term headwinds from macro pressures, the firm’s confidence in long-term earnings growth potential remains strong. Tractor Supply’s high mix of strategic initiatives should continue to drive profitable market share gains.
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