Raymond James Maintains Strong Buy on Tractor Supply, Lowers Price Target to $255
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Bobby Griffin maintains a Strong Buy rating on Tractor Supply (NASDAQ:TSCO) but has lowered the price target from $270 to $255.
July 17, 2023 | 11:21 am
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NEUTRAL IMPACT
Raymond James maintains a Strong Buy rating on Tractor Supply but lowers the price target from $270 to $255.
The news is directly related to Tractor Supply (TSCO). While the Strong Buy rating is maintained, the lowering of the price target could indicate a potential slowdown in growth or a more conservative outlook. This could have a neutral impact on the stock in the short term as the positive (Strong Buy) and negative (lower price target) news could offset each other.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100