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Tractor Supply relief rally ‘warranted,’ says Wells Fargo

Wells Fargo reiterated an Overweight rating and $65 price target on Tractor Supply (TSCO) after the company’s Q3 report. The firm said that Thursday’s relief rally is “warranted” amid a lower Q4 bar, as well as “encouraging” comments from management on 2026. The analyst added that the firm remains constructive on the shares, even though sentiment weakened on quarter-to-date.

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