Telsey Advisory Group Maintains Outperform on Tractor Supply, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained an 'Outperform' rating on Tractor Supply (NASDAQ:TSCO) but lowered the price target from $245 to $230.
October 27, 2023 | 8:43 am
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Despite the lowered price target from $245 to $230, Tractor Supply maintains an 'Outperform' rating from Telsey Advisory Group.
The lowered price target could potentially indicate a bearish outlook for Tractor Supply. However, the maintained 'Outperform' rating suggests that the analyst still sees the company as a strong performer in the market. This mixed signal could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100