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Tractor Supply price target raised to $66 from $60 at Truist

Truist raised the firm’s price target on Tractor Supply (TSCO) to $66 from $60 and keeps a Buy rating on the shares. Tractor Supply’s Q2 results were slightly better than estimates, while Q3 is off to a solid start and second half comps should accelerate “nicely,” the analyst tells investors in a research note. The firm remains a buyer of the shares given the company’s strong long-term growth algorithm, expectations for a solid second half, and continued market share gains.

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