Goldman Sachs Reaffirms Their Buy Rating on Tractor Supply (TSCO)
In a report released today, Kate McShane from Goldman Sachs maintained a Buy rating on Tractor Supply, with a price target of $45.00.
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According to TipRanks, McShane is a 4-star analyst with an average return of 4.4% and a 55.58% success rate. McShane covers the Consumer Cyclical sector, focusing on stocks such as Best Buy Co, Ulta Beauty, and Five Below.
In a report released on June 5, Guggenheim also maintained a Buy rating on the stock with a $50.00 price target.
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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