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Analysts Conflicted on These Consumer Cyclical Names: Tractor Supply (TSCO) and DR Horton (DHI)

Tipranks - Thu Apr 23, 3:54AM CDT

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Tractor Supply (TSCO) and DR Horton (DHI).

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Tractor Supply (TSCO)

Wells Fargo analyst Zachary Fadem reiterated a Buy rating on Tractor Supply yesterday and set a price target of $47.00. The company’s shares closed last Tuesday at $39.57.

According to TipRanks.com, Fadem is a 4-star analyst with an average return of 5.1% and a 55.1% success rate. Fadem covers the NA sector, focusing on stocks such as Petco Health and Wellness Company, National Vision Holdings, and Floor & Decor Holdings. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tractor Supply with a $54.67 average price target, a 28.3% upside from current levels. In a report issued on April 15, Telsey Advisory also maintained a Buy rating on the stock with a $63.00 price target.

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DR Horton (DHI)

In a report released yesterday, Sam Reid from Wells Fargo maintained a Hold rating on DR Horton, with a price target of $170.00. The company’s shares closed last Tuesday at $162.20.

According to TipRanks.com, Reid is a 4-star analyst with an average return of 6.6% and a 59.7% success rate. Reid covers the Industrial Goods sector, focusing on stocks such as Stanley Black & Decker, Builders Firstsource, and CSW Industrials. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for DR Horton with a $155.33 average price target, representing a -7.0% downside. In a report issued on April 6, Seaport Global also downgraded the stock to Hold.

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