Telsey Advisory Group Maintains Outperform on Tractor Supply, Lowers Price Target to $265
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group analyst Joseph Feldman has maintained an 'Outperform' rating on Tractor Supply (NASDAQ:TSCO) but lowered the price target from $270 to $265.
July 21, 2023 | 9:16 am
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NEUTRAL IMPACT
Despite a lowered price target, Tractor Supply maintains an 'Outperform' rating from Telsey Advisory Group, indicating a positive outlook.
The news is directly about Tractor Supply (TSCO). Despite the lowered price target, the 'Outperform' rating indicates that the analyst still expects the stock to do better than others in the market. This could have a neutral to slightly positive impact on the stock as it shows confidence in the company's performance, despite the adjusted price target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100