Goldman Sachs Lifts Numbes on Tractor Supply (TSCO), Maintains Neutral

Goldman Sachs lifted estimates and its price target on Tractor Supply Company (NASDAQ: TSCO) from $85 to $94, but kept its Neutral rating.

"The firm quantified the benefit of weather to 1Q at $0.09-$0.11, which translates, we estimate, to a 4% sales increase; we think some of the upside to sales reflects underlying trends, so we do not reduce 2Q by the same magnitude," the firm notes.

Goldman raised 1Q to $0.54 from $0.32, 2Q12 by $0.03 to $1.47, 2012
goes to $3.77 from $3.57, 2013 rises to $4.40 from $4.12, and 2014 goes to
$5.20 from $4.80.

For an analyst ratings summary and ratings history on Tractor Supply Company click here. For more ratings news on Tractor Supply Company click here.

Shares of Tractor Supply Company closed at $97.95 yesterday.

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