Morgan Stanley analyst Simeon Gutman upgraded Tractor Supply (TSCO) to Equal Weight from Underweight with a price target of $60, up from $50. The company is moving past its investment cycle and compares are returning to more normalized levels, the analyst tells investors in a research note. The firm sees a more balanced risk/reward at current share levels.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSCO:
- Tractor Supply’s Strategic Growth Initiatives and Strong Performance Justify Buy Rating
- Tractor Supply Company Reports Strong Q3 2025 Results
- Tractor Supply relief rally ‘warranted,’ says Wells Fargo
- Morning Movers: Tesla, IBM slipping following quarterly reports
- Tractor Supply reports Q3 EPS 49c, consensus 48c