Mizuho Initiates Coverage On Tractor Supply with Neutral Rating, Announces Price Target of $245
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst David Bellinger initiates coverage on Tractor Supply (NASDAQ:TSCO) with a Neutral rating and a price target of $245.
March 19, 2024 | 3:07 pm
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NEUTRAL IMPACT
Mizuho initiated coverage on Tractor Supply with a Neutral rating and a price target of $245.
The initiation of coverage by Mizuho with a Neutral rating and a specific price target provides investors with a new professional analysis to consider. However, the Neutral rating suggests that Mizuho does not see significant short-term upside or downside, which is why the impact score is neutral. The importance is rated high due to the influence analyst ratings can have on investor perception and stock price, but not at the maximum because the rating is Neutral, not Buy or Sell. The confidence level is high due to the clear stance and price target provided by a reputable analyst.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100