Tractor Supply Co. (TSCO) has been performing unevenly compared to the market while sporting daily gains. Yet several entities, including Wedmont Private Capital, Congress Asset Management, and GAMMA Investing LLC, have strengthened their portfolio with TSCO shares. Conversely, Fulton Bank and PNC Financial Services have reduced stock positions, while some shares have been sold by entities like Massmutual Trust Co and American International Group. TSCO stock deemed a top-ranked value one and a lucrative bet with a possible growth trajectory, received a Price Target Increase to $295.00 by analysts at Evercore ISI. The company continues to maintain a focus on expansion, exceeding Q1 Earnings and Revenue Estimates, and planning to launch 80 new stores. Strategic partnerships are also in the spotlight, such as its continuation with Lainey Wilson as a 2024 Brand Ambassador and its collaboration with Martha Stewart for a Garden Apparel Line. The company shows a robust financial outlook, offering a quarterly dividend and announcing a 7% increase in it, rendering TSCO a potentially sound long-term investment.
Tractor Supply Co TSCO News Analytics from Thu, 10 Aug 2023 07:00:00 GMT to Sun, 23 Jun 2024 13:33:02 GMT -
Rating -1
- Innovation 6
- Information 8
- Rumor -3
