What 17 Analyst Ratings Have To Say About Tractor Supply
Portfolio Pulse from Benzinga Insights
In the last quarter, Tractor Supply (NASDAQ:TSCO) received 17 analyst ratings, with 4 being bullish, 7 somewhat bullish, and 6 indifferent. The company has an average 12-month price target of $237.53, a decrease of 7.96% from the previous average price target of $258.08.
October 13, 2023 | 9:00 pm
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Tractor Supply received mostly bullish or somewhat bullish ratings from analysts, but the average 12-month price target has decreased, indicating a potential short-term downward pressure on the stock.
Analyst ratings can significantly influence investor sentiment and stock prices. While the majority of the ratings for TSCO are bullish or somewhat bullish, the decrease in the average 12-month price target could indicate a less optimistic outlook for the stock in the short term, potentially leading to downward pressure on the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100