JP Morgan Maintains Neutral on Tractor Supply, Raises Price Target to $263
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers maintains a Neutral rating on Tractor Supply (NASDAQ:TSCO) and raises the price target from $241 to $263.

May 03, 2024 | 7:19 pm
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JP Morgan analyst Christopher Horvers maintains a Neutral rating on Tractor Supply and raises the price target from $241 to $263.
The increase in price target by JP Morgan suggests a positive outlook on the stock's value, potentially leading to short-term investor optimism and a positive impact on the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, which might temper expectations.
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IMPORTANCE 75
RELEVANCE 100