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Analysts Offer Insights on Consumer Cyclical Companies: Tractor Supply (TSCO) and Tesla (TSLA)

Tipranks - Fri Apr 24, 1:14AM CDT

Analysts have been eager to weigh in on the Consumer Cyclical sector with new ratings on Tractor Supply (TSCO) and Tesla (TSLA).

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Tractor Supply (TSCO)

Mizuho Securities analyst David Bellinger maintained a Buy rating on Tractor Supply yesterday and set a price target of $50.00. The company’s shares closed last Wednesday at $38.96.

According to TipRanks.com, Bellinger is a 3-star analyst with an average return of 3.4% and a 47.9% success rate. Bellinger covers the NA sector, focusing on stocks such as Floor & Decor Holdings, Mister Car Wash, and O’Reilly Auto. ;'>

Currently, the analyst consensus on Tractor Supply is a Moderate Buy with an average price target of $50.33, implying a 26.8% 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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Tesla (TSLA)

In a report released today, Philippe Houchois from Jefferies maintained a Hold rating on Tesla, with a price target of $350.00. The company’s shares closed last Wednesday at $387.51.

According to TipRanks.com, Houchois is a 5-star analyst with an average return of 15.3% and a 51.8% success rate. Houchois covers the NA sector, focusing on stocks such as Bayerische Motoren Werke Aktiengesellschaft, Mercedes-Benz Group, and General Motors. ;'>

Tesla has an analyst consensus of Hold, with a price target consensus of $411.39, which is a 6.1% upside from current levels. In a report issued on April 14, UBS also upgraded the stock to Hold with a $352.00 price target.

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