Truist analyst Scot Ciccarelli downgraded Tractor Supply (TSCO) to Hold from Buy with a price target of $55, down from $67. The firm cut the company’s Q4 estimates based on its card data. Tractor’s sales have continued to broadly fall short of prior expectations, the analyst tells investors in a research note. Truist thinks 2026 could be another below-algorithm earnings growth for the company. As such, it sees a lack of positive catalysts for the shares.
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