Wolfe Research re-initiated coverage of Tractor Supply with an Outperform rating and $239 price target. The analyst expects the comapny’s growth to continue outpacing peers and prefers the stock due to Tractor Supply’s store rollout trajectory, more resilient customer base, and favorable rural economics.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TSCO:
- DA Davidson holds best-of-breed bison analyst/industry conference call
- Spotify downgraded, Tractor Supply upgraded: Wall Street’s top analyst calls
- Tractor Supply upgraded to Buy from Neutral at DA Davidson
- WW upgraded, Macy’s downgraded: Wall Street’s top analyst calls
- Tractor Supply downgraded to Accumulate from Buy at Gordon Haskett