Oppenheimer Downgrades Tractor Supply to Perform, Lowers Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Brian Nagel has downgraded Tractor Supply (NASDAQ:TSCO) from Outperform to Perform and lowered the price target from $280 to $210.
October 13, 2023 | 11:59 am
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Tractor Supply has been downgraded by Oppenheimer from Outperform to Perform, with a lowered price target from $280 to $210.
The downgrade by Oppenheimer, a major financial institution, could negatively impact investor sentiment towards Tractor Supply, potentially leading to a decrease in its stock price. The lowered price target also suggests that Oppenheimer sees less upside potential in the stock, which could further dampen investor sentiment.
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