Stephens analyst Jeff Lick lowered the firm’s price target on Tractor Supply (TSCO) to $53 from $59 and keeps an Equal Weight rating on the shares ahead of the company reporting Q4 earnings on Thursday, January 29. Based on Bloomberg Second Measure data, the firm believes Tractor Supply’s Q4 revenue growth is 200 to 300 basis points lower than the firm or the Street estimated going into the quarter, the analyst tells investors in a preview.
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