Wells Fargo Maintains Overweight on Tractor Supply, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Zachary Fadem has maintained an Overweight rating on Tractor Supply (NASDAQ:TSCO) and increased the price target from $230 to $250.
January 22, 2024 | 1:03 pm
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Wells Fargo analyst Zachary Fadem has reaffirmed Tractor Supply's Overweight rating and raised the price target to $250, indicating a positive outlook on the stock.
An Overweight rating generally suggests that the analyst believes the stock will outperform its sector or the market. The increase in price target from $230 to $250 by a reputable analyst could lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100