Telsey Advisory Group Maintains Outperform on Tractor Supply, Raises Price Target to $245
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Joseph Feldman has maintained an Outperform rating on Tractor Supply (NASDAQ:TSCO) and increased the price target from $230 to $245.
January 26, 2024 | 10:13 am
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Telsey Advisory Group has reaffirmed their Outperform rating on Tractor Supply and raised the price target from $230 to $245, indicating a positive outlook on the stock.
The increase in price target by Telsey Advisory Group suggests a strong confidence in Tractor Supply's future performance. This endorsement is likely to instill investor confidence and could lead to a short-term increase in the stock price, as market participants often react positively to analyst upgrades and higher price targets.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100