Evercore ISI Group Maintains Outperform on Tractor Supply, Raises Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Oliver Wintermantel has maintained an Outperform rating on Tractor Supply (NASDAQ:TSCO) and increased the price target from $285 to $290.
May 14, 2024 | 1:00 pm
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POSITIVE IMPACT
Evercore ISI Group's updated Outperform rating and price target increase for Tractor Supply reflects positive analyst sentiment, potentially influencing investor confidence and TSCO's stock price positively in the short term.
Analyst ratings and price target adjustments are significant indicators for investors, often leading to short-term price movements. The increase in Tractor Supply's price target by a reputable analyst group like Evercore ISI suggests a strong bullish outlook on the stock, which could lead to increased investor interest and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100