Nomura Securities Maintains a 'Buy' on Tractor Supply Co (TSCO); Q1 Review
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Price: $35.83 -0.94%
Rating Summary:
25 Buy, 18 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
25 Buy, 18 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Nomura Securities maintains a 'Buy' on Tractor Supply Company (NASDAQ: TSCO) price target of $110.00.
Analyst, Aram Rubinson, said, "TSCO reported Q1 EPS of $0.55 vs its pre-announced range of $0.53-$0.54. Comps were extremely strong, but were helped by abnormal weather. Underlying trends remain strong, although we expect the shares to be range-bound until that trend is fully discernible...Long term, the company should benefit from continued progress with strategic sourcing, private brands, price optimization and inventory management. Most important, we think it will benefit from excellent merchandising and superior execution."
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 $97.49 yesterday.
Analyst, Aram Rubinson, said, "TSCO reported Q1 EPS of $0.55 vs its pre-announced range of $0.53-$0.54. Comps were extremely strong, but were helped by abnormal weather. Underlying trends remain strong, although we expect the shares to be range-bound until that trend is fully discernible...Long term, the company should benefit from continued progress with strategic sourcing, private brands, price optimization and inventory management. Most important, we think it will benefit from excellent merchandising and superior execution."
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 $97.49 yesterday.
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