Where Tractor Supply Stands With Analysts
Portfolio Pulse from Benzinga Insights
Tractor Supply (NASDAQ:TSCO) has received 22 analyst ratings in the last quarter, with an average price target of $222.73, which is slightly above its current price of $219.5. The ratings include 6 bullish, 8 somewhat bullish, 7 indifferent, and 1 somewhat bearish, with no bearish ratings. The new average price target represents a 7.47% decrease from the previous target of $240.72.
December 15, 2023 | 2:00 pm
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POSITIVE IMPACT
Tractor Supply has a majority of positive analyst ratings with a new average price target of $222.73, which is above the current price, indicating a potential upside according to analysts.
The predominance of bullish and somewhat bullish ratings, combined with an average price target above the current stock price, suggests a positive outlook for TSCO in the short term. However, the decrease in the average price target from the previous quarter indicates some caution, which is why the importance is not set at the maximum.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100