JP Morgan Maintains Neutral on Tractor Supply, Raises Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Christopher Horvers maintains a Neutral rating on Tractor Supply (NASDAQ:TSCO) but raises the price target from $260 to $290.
October 16, 2024 | 4:22 pm
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JP Morgan has maintained a Neutral rating on Tractor Supply but increased the price target from $260 to $290, indicating a positive outlook.
The increase in price target from $260 to $290 by JP Morgan suggests a positive outlook for Tractor Supply, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100