Evercore ISI Group Downgrades Tractor Supply to In-Line, Maintains Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has downgraded Tractor Supply (NASDAQ:TSCO) from Outperform to In-Line, while maintaining the price target at $300.
October 03, 2024 | 11:52 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Evercore ISI Group downgraded Tractor Supply from Outperform to In-Line, maintaining the price target at $300. This downgrade may indicate a neutral outlook on the stock's performance.
The downgrade from Outperform to In-Line suggests that the analyst sees less potential for the stock to outperform the market in the near term. However, the maintained price target of $300 indicates that the analyst does not foresee a significant decline in value. This results in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100