Tractor Supply Company (TSCO) PT Raised to $195 at Morgan Stanley
Morgan Stanley analyst Simeon Gutman raised the price target on Tractor Supply Company (NASDAQ: TSCO) to $195.00 (from $190.00) while maintaining a Equal-weight rating.
The analyst commented, "Beat and raise as expected. Stock reaction yesterday (-4%) suggests market is unwilling to capitalize peak on peak. Raising PT to $195 as we roll to '23 estimates, but remain EW as valuation looks fair."