Reported 4 months ago
Loop Capital is maintaining its Hold rating on retailer Tractor Supply Company (TSCO) with a price target of $250 per share. The note from Loop Capital Markets Managing Director Anthony Chukumba highlighted concerns about pricing gaps versus rivals and the stock's significant premium, but remains lukewarm on the stock. Tractor Supply has seen a substantial gain in its stock over the past few years due to pandemic-related trends like increased gardening and suburban living. The company is also set to speak at Baird's Tech and Servicing conference, potentially bringing more news.
Source: YAHOO