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Tractor Supply (TSCO) Receives a Buy from Guggenheim

Tipranks - Tipranks - Sat Jun 6, 12:12PM CDT

Guggenheim analyst Steven Forbes maintained a Buy rating on Tractor Supply today and set a price target of $50.00.

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According to TipRanks, Forbes is a 4-star analyst with an average return of 7.5% and a 51.57% success rate. Forbes covers the Consumer Cyclical sector, focusing on stocks such as Chewy, Home Depot, and Dick’s Sporting Goods.

Tractor Supply has an analyst consensus of Moderate Buy, with a price target consensus of $47.50.

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Based on Tractor Supply’s latest earnings release for the quarter ending March 28, the company reported a quarterly revenue of $3.59 billion and a net profit of $164.52 million. In comparison, last year the company earned a revenue of $3.47 billion and had a net profit of $179.37 million

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